A recent investigation has shown that Saudi Arabia has plans to artificially raise global oil demand, creating a whole host of moral questions about the future of global energy. Saudi Arabia also plans to increase the number of combustion engine vehicles in the Asian and African markets to drive up fuel demand. Saudi Arabia has hardly hidden the fact that it intends to continue pumping crude for as long as possible, so long as the global demand is there. Prince Abdulaziz bin Salman said that Saudi Arabia expects to maintain that level of production if demand permits. Despite the clear ambitions of Saudi Arabia and OPEC to maintain, or even increase, oil output – so long as the demand is there – the recent phrasing of ‘artificially’ creating oil demand has drawn criticism.

Source: The North Africa Journal December 04, 2023 03:27 UTC