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LIKE ROME, OIL DEMAND WON’T BE DESTROYED IN A DAY

Signage for the CERAWeek energy conference is displayed at the entrance of the
Hilton Americas-Houston, in Houston, Texas, U.S. March 9, 2022.

Source: REUTERS/Sabrina Valle




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18 Mar 2024 | By   Robert Cyran Follow @rob_cyran


Oil producers attending the big industry confab in Houston this week recognize
they are under pressure. US firms are merging; Saudi is reinventing itself. Like
in any dwindling empire, many leaders will want to take over rivals. Rewarding
investors with cash is a better strategy.

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