The K@W Network:
Assistant Professor of Finance
Saudi Arabia has unveiled a bold plan to be less dependent on oil. While the plan makes sense in theory, observers say, it is difficult for resource-rich nations to successfully[…]
Watch for plummeting oil prices to reshuffle the industry. Yet, “even bad times provide some opportunity,” one Wharton expert says.
This is not the typical boom-and-bust cycle that the oil industry has experienced in the past, Wharton experts say.