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Oil Price - Saudi Arabia 'may scale back 13 multi-trillion pound giga-projects' including luxury Red Sea holiday islands with funding hit by low oil prices, report claims amid fears 106 ...
Saudi Arabia may be forced to scale back its trillion-pound giga-projects as the country's wealth is impacted by low oil prices, a report has claimed. The desert Kingdom is understood to be reassessing its ambitious construction plans that include the much ...
Citi Forecasts Oil Price Drop to $60s by 2025
Citi predicts that oil prices will plummet to the $60s range by 2025 as inventories build following a tight market this summer, signaling a bearish outlook despite current robust demand and higher prices.