Oil markets are heading into bear territory as fears of a global economic slowdown grow on the back of Washington’s escalating trade wars with both China and Mexico. Investor Alert: A new breakthrough – known by only a handful of scientists, researchers and insiders – is about to turn the energy world upside down. And one small company is at the center of it all. Saudi Arabia used 0.4 mb/d of oil for power generation in 2018, the lowest total since 2009, according to the EIA . – The Kingdom has deployed more gas-fired generation, freeing up oil for export. – It also has increased its refining capacity, making it a larger exporter of refined products and not simply crude oil. Market Movers – Four people […]