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Biden has 'only bad options' for bringing down oil prices

Biden has 'only bad options' for bringing down oil prices

The president’s trip to Saudi Arabia is unlikely to reduce oil and gasoline prices, and it is not clear that anything else he might do would work, either.
saudi arabia tree renewables energy
www.climatechangenews.com

Saudi Arabia aims for 50% renewable energy by 2030, backs huge tree planting initiative

Saudi Arabia will generate 50% of its energy from renewables by 2030 and plant 10 billion trees in coming decades, its crown prince Mohammed bin Salman has announced.

As Russia and Saudi Arabia retreat, U.S. oil industry avoids the worst
www.nytimes.com

As Russia and Saudi Arabia retreat, U.S. oil industry avoids the worst

Job losses and bankruptcies appear certain, but a deal among producers may put a floor under prices for now.
OPEC and Russia agree to cut oil production
www.nytimes.com

OPEC and Russia agree to cut oil production

The reductions for May and June were smaller than some investors and analysts had expected, and oil prices gave up earlier gains.
Butterfly effect: Russia's coming after America's shale
www.ozy.com

Butterfly effect: Russia's coming after America's shale

Russia and Saudi Arabia might appear to be the main protagonists of the oil price war that has bloodied markets this week. In reality, the battleground is America.
Saudi Arabia insisted Aramco was worth $2 trillion. Now it is
www.nytimes.com

Saudi Arabia insisted Aramco was worth $2 trillion. Now it is

On their fourth trading day, shares closed with a value that eluded the oil company before its initial public offering.
Saudi Aramco announces plans to go public
www.nytimes.com

Saudi Aramco announces plans to go public

The oil-producing giant, Saudi Arabia’s crown jewel, could become the most valuable company in the world.
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