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A financial analyst has predicted that oil prices will drop to $10 a barrel in the next six to eight years. Longview Economics CEO Chris Watling recently told CNBC he expects a surge in electric vehicle sales to drive an extreme drop in oil prices. He believes that alternative energy vehicles powered by electricity or […]

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Saudi Arabia is now looking to end its “dependence on oil” as oil prices have plunged and the nation looks for ways to modernize its economy. A new plan, Vision 2030, says that the country will exist “without any dependence on oil” by 2020 and would soon be a “global player” on the world investment […]

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