In 2024, US oil output will continue to soar, potentially leading to a confrontation with Saudi Arabia.
The United States is seeing unprecedented levels of oil production this year, and 2024 may see new highs. This will increase pressure on Saudi Arabia to take back control of oil pricing. According to analysts at Rapidan Energy, US output is expected to average 13.3 million barrels per day in 2019, which is higher than … Read more