Saudi Arabia Does Not Consider U.S. Shale A ThreatHira Shahnawaz Akhtar
The US shale revolution can eat in to the market shares of producing nations in the Organization of Petroleum Exporting Countries (OPEC). However, recently, Saudi Arabia leadership has proclaimed they do not consider the rapid expansion in oil and gas output that US has been experiencing as a result of its shale growth a threat.
Saudi Arabia’s deputy . . .
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