France Country Analysis Brief

(Fri, 13 Oct 2023) In 2023, France nationalized its largest electrical utility company and increased its liquefied natural gas import capacity with its first floating storage regasification unit. France also has extended the operation of its two coal plants until 2024 to avoid energy shortages.

Saudi Arabia Country Analysis Brief

(Wed, 11 Oct 2023) Saudi Arabia was the world’s third-highest crude oil and condensate producer, the world’s top crude oil exporter, and OPEC’s top crude oil producer in 2022. Saudi Arabia accounts for 43% (0.5 million b/d) of agreed on OPEC+ production cuts that began in May 2023 intended to rebalance the global oil market, hedge against downside risks of decreased oil demand, and raise falling crude oil prices.

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