Saudi Arabia Slams Shortsighted Campaign Against Oil

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Saudi Arabia Slams Shortsighted Campaign Against Oil

The world's top oil exporter, Saudi Arabia, has repeatedly said it wants to be the producer that will pump the very last barrel of oil. Until that time comes, the world and its growing economy will still need oil and gas, even as renewable energy capacity soars globally. The rebound of economies after the 2020 COVID slump has shown that global oil demand is not only not declining, but it is just months away from reaching pre-pandemic levels and exceeding them. This weekend, Saudi Arabia once again deplored the underinvestment in oil and gas...

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