Aramco CEO warns of global oil crunch due to lack of investment - Reuters
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5/23/2022 12:00:00 AM2 years 11 months ago
The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as they face green energy pressures, the head of Saudi Aramco told Reuters, adding it cannot expand production capacity any faster than promised.
DAVOS, May 23 (Reuters) - The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as they face green energy pressures, the head of Saudi Aramco told Reuters… [+3373 chars]
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