Wednesday, April 27, 2016

Saudi Arabia getting out of Oil entirely !?

Is Saudi Arabia Giving Up On Oil?

This week Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman unveiled a bold plan to diversify the country’s oil-dependent economy, vowing to kick the fossil fuel habit by 2020. But how can the Kingdom accomplish this in just 4 years? Why do they want to, and what does this say about the future of oil economies around the globe?

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