Tuesday , 25 October 2016

Saudi Arabia’s Shrinking Oil Production Is Shrinking Its Power Too!

Around the world, mainly driven by growth in developing countries like India and China, countries are using more oil. While Saudi Arabia’s limited reserves will hurt its ability to rise to the challenge, other countries like Canada and Venezuela will rise to the challenge. As these countries grow to focus on meeting the demand more, Saudi Arabia’s market share will shrink – as will its power. Here’s why.

Read the details (complete with tables and charts) HERE.