Citi report on shrinking Saudi exports “has huge implications for global economy.”

September 5, 2012 Commentaries, Oil 

Telegraph:  “If nothing changes, Saudi may have no available oil for export by 2030”, Citi analyst Heidy Rehman wrote. ….Jeremy Leggett, convenor of the UK Industry Taskforce on Peak Oil and Energy Security, said the report had “huge” implications and that a decline in global oil production could cause “massive stress to the global economy”.

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