Showing posts with label OPEC. Show all posts
Showing posts with label OPEC. Show all posts

U.S. Shale Bonanza Poses Danger To Saudi Oil Interests

by Alaj Makan and Abeer Allam.     Prince Alwaleed bin Talal, the billionaire Saudi Arabian investor, has warned that his country’s oil-dependent economy is increasingly vulnerable to competition from the US shale revolution, setting him at odds with his country’s oil ministry and Opec officials. In an open letter addressed to Ali Naimi,   ... MORE