Will the free-falling oil price reorder the world’s energy landscape?

Will the free-falling oil price reorder the world’s energy landscape?

Brent crude, the global benchmark, tumbled 13 per cent through Thursday and Friday to just over US$66 a barrel.

Oil in freefall reorders energy landscape from U.S. to Middle East

The plunge in oil prices over the past two days following the twin shocks of U.S. President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape with stunning speed.

Oil in Freefall Reorders Energy Landscape From US to Middle East

The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape with stunning speed.

Megaprojects of infrastructure, technological hubs, tourist complexes, futuristic cities or even the geostrategic infulas and laundered image of attraction of elite sportsmen of football or golf could fall in sack broken by the fall of a collection of a barrel of oil around 70 dollars. Riyadh, despite the diversification of its economy, continues to be dependent on the Indian crude prepares the ‘sorpasso’ to the economy of Japan in 2025 It is no…

Global energy landscape altered after plunge in oil prices

Brent’s 13% drop to US$66 a barrel weakens US ‘energy dominance’ plans, while squeezing Mid-East petrostates.

GME Marks A New Era for Middle East Crude Trading - Inside Oil & Gas

Gulf Mercantile Exchange (GME), the leading international energy futures and commodities exchange in the Middle East, announced the first trade...