Why oil may not see a return $100 a barrel in 2024. US is now the ‘global swing producer,’ not Russia and not Saudi Arabia. Record high US oil production poses a notable and growing threat to Saudi Arabia’s and Russia’s grip on the oil market.

Why oil may not see a return $100 a barrel in 2024. US is now the ‘global swing producer,’ not Russia and not Saudi Arabia. Record high US oil production poses a notable and growing threat to Saudi Arabia’s and Russia’s grip on the oil market.

by mafco