“We are in a full-out screaming crisis,” warned Ilona Dougherty, the co-creator and managing director of the Youth & Innovation Project at the University of Waterloo. “We need to recognize that it’s a ...
“In short, considerable spare capacity in OPEC and more resilient producers in the U.S. mean that prices could easily halve, to around US$30-40 per barrel, if Saudi Arabia quickly ramped up output ...