Saudi Aramco Looks to Expand Oil Business

The video discusses Saudi Arabia's oil policy, emphasizing a focus on market share rather than price. The Kingdom plans to expand into petrochemicals and refining, aiming to become an integrated oil and chemicals company. The impact of increased Saudi production on global energy markets is also explored, highlighting challenges faced by higher-cost producers and corporate strategies to cut costs.

What challenges has Toca faced in the energy market recently?

What strategies are companies in the energy sector employing in response to market conditions?