The Oil Spills are a major economic and political crisis for many nations around the world.
The global economy has seen a sharp rise in the price of oil in the last couple of years.
It’s now around $130 a barrel and many have begun to worry that the oil industry will be in a recession in the coming years.
The problem with that, however, is that the industry is already in a long recession.
The world’s largest oil producer, Saudi Arabia, has been in the middle of a price war with its rivals in the Middle East.
The Saudis have already lost a lot of market share in recent years and have been trying to reduce costs in an effort to boost revenue.
So far the price wars have been fairly limited to the Middle Eastern market.
The price war in the US is more severe.
According to a recent report by Bloomberg, the US has lost around 1,000 billion barrels of oil a day in the first quarter of this year.
The US is a net exporter of crude oil and its imports account for a large portion of its total export earnings.
While the US will still be a net importer of oil for a while, the loss of more than $100 billion will affect many other nations.
Oil companies are struggling to meet a variety of financial obligations.
In addition to paying down debt, they have to meet other financial obligations, including the US Environmental Protection Agency (EPA) and the Environmental Protection Fund (EPAF), which was set up to help fund climate change mitigation efforts.
There are a number of factors that could cause a drop in the oil market.
One of the major factors is the global glut of crude and other oil products.
This glut is expected to last until 2020, and if it’s not addressed, the oil price will continue to rise.
Oil producers are trying to increase the supply of oil by selling more and more of their reserves to foreign buyers.
Some of the oil produced in recent months has been sold in Asia to countries like China and India.
There is also speculation that the US shale boom may be over.
This will make it easier for companies to cut costs.
The other major factor affecting the oil markets is the ongoing fight between the US and Saudi Arabia over the size of the Saudi Aramco (Saudi Aramco) and its oil business.
This dispute has already led to several billion dollars worth of damage to the economy of the two countries.
In recent months, the price for oil has dropped, causing oil prices to fall even further.
The drop in oil prices is one of the main reasons that countries around the globe have been scrambling to reduce their debt and boost their economic growth.
Oil Companies Are Facing Huge Problems There are plenty of other factors that can cause the oil prices in the future to drop, including global warming and rising gas prices.
For example, global warming is one factor that will affect the prices of oil.
In the coming decades, global temperatures will increase by up to 3 degrees Celsius (4 degrees Fahrenheit).
This will have an impact on many parts of the world, including China, Russia, the United States, and India, which are already experiencing extreme weather events.
The impacts of rising temperatures are already having a serious impact on the energy industry.
In order to stay afloat, oil companies have had to adjust their production plans.
In some countries, they are reducing output and laying off staff.
As a result, the costs of operating the companies have increased.
For the last two years, Saudi Aramcom, the world’s biggest oil producer and one of Saudi Arabia’s main suppliers of crude to the world market, has had to raise its production by around 20 million barrels a day.
This means that the company is currently losing money on every barrel of oil it produces.
This makes it harder for the company to pay down its debts, which will also lead to more cuts in its revenues.
Oil prices have dropped significantly in the past two years due to global warming.
The increase in global temperatures and the resulting changes in the global economy have caused some countries to lower oil prices.
This could have an effect on the price, as well.
It will also affect the cost of servicing debt and financing the government.
The biggest companies are also trying to find ways to stay in business.
The largest oil companies like ExxonMobil and BP have faced huge problems in recent times, as their production and financial performance have been affected by the price war.
In particular, the company has faced a massive debt crisis, which it has tried to make a profit on by selling off assets and investing in new operations.
These operations have not been successful.
This has resulted in a drop of around $20 billion in the value of the company.
In fact, the debt levels of the companies were the biggest cause of the $20-billion drop in their stock price.
Another major problem for oil companies is that they are facing a huge cost in the form of higher oil prices that will reduce the