 "oil, crude oil, oil rig")
The significant rise in oil prices over the past year has big implications for the Middle East and North Africa (MENA), where hydrocarbons still play a pivotal role in the economy. Despite this change, it’s imperative that countries in the region stay resolved to cut their dependence on oil and make their economies more diverse and resilient.
Just a year ago, crude was trading below $50 a barrel, amid stories of oversupply and tumbling prices. Today, it is pushing closer to $80 – a level not seen since 2014. It’s the strongest rally since 2011, the last time prices
Just a year ago, crude was trading below $50 a barrel, amid stories of oversupply and tumbling prices. Today, it is pushing closer to $80 – a level not seen since 2014. It’s the strongest rally since 2011, the last time prices
