Rashid Husain Syed - Petrolia Voice

Oil-rich Saudis squeezed by Trump

Posted by Rashid Husain Syed | Jun 23, 2020

Current oil production cuts can’t continue for long or the Saudis, and others, won’t balance their budgets

Posted by Rashid Husain Syed | Jun 14, 2020

President Donald Trump’s efforts at salvaging the United States shale oil sector seem to be paying off

Posted by Rashid Husain Syed | Jun 8, 2020

The oil price crash of recent weeks has triggered a wave of huge exploration and production capital expenditure cuts

Posted by Rashid Husain Syed | May 31, 2020

Will producers be tempted by a rise in crude oil prices to disregard quotas and voluntary production cuts?

Posted by Rashid Husain Syed | May 22, 2020

The need to generate cash, along with political pressure, compelled the Saudis to make some bitter decisions