Saudis feel oil pinch as IEA predicts long-term gains
Saudi Arabia's largest listed company slices 2014 earnings but IEA points to rising future demand.
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Hawke’s Bay
After dropping more than 50% in 2014, new data from Saudi Arabia’s biggest company suggests low oil prices are hurting the petro-state.
However, a recent report from the International Energy Agency (IEA) suggests that over the long term (out to 2040) the price of fossil fuels should trend back up,
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Nathan Smith
Mon, 19 Jan 2015
Mon, 19 Jan 2015
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Saudis feel oil pinch as IEA predicts long-term gains
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