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It's time Gulf Arab States look away from Oil and find new revenue sources

We are approaching an energy inflection point in the global economy: plentiful oil supply, a demand plateau by 2030 and more competitive renewable-energy options

Topics
Gulf Cooperation Council | Gulf countries | Oil producing countries

Karen E. Young | Bloomberg 



oil
if there is an oil boom this year, it may well be the last

Oil prices are rebounding thanks to an extended OPEC+ production cut, a surge in demand as economies recover from the coronavirus pandemic, and the beginning of a supply reaction from a year of both diminished production and inventory draw-downs. This is good news for the oil producers of the .

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First Published: Fri, March 12 2021. 11:43 IST

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