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The growing Saudi-UAE rivalry pushes up oil prices

In this interview given to La Nouvelle République, Dr Carole Nakhle, CEO of Crystol Energy, comments on the rising tensions among OPEC+ members and their implications on oil prices.

According to Dr Nakhle, from the consumers’ point of view, and especially for countries with large oil import bills, high oil prices can slow down or delay their economic recovery.

Related Analysis

Oil Intensity: The curious relationship between oil and GDP“, Christof Rühl and Tit Erker, May 2021

Related Comments

Global Economy and Energy Markets Weekly Commentary – 4th Jul ’21“, Christof Rühl, Jul 2021

OPEC+ output decision and oil market outlook“, Dr Carole Nakhle, Jul 2021

Iran’s return to global oil markets“, Dr Carole Nakhle, Jun 2021

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