Peak oilPeak oil is the point in time when the maximum rate of global oil production is reached, after which production will begin an irreversible decline. It is related to the distinct concept of oil depletion; while global petroleum reserves are finite, the limiting factor is not whether the oil exists but whether it can be extracted economically at a given price. A secular decline in oil extraction could be caused both by depletion of accessible reserves and by reductions in demand that reduce the price relative to the cost of extraction, as might be induced to reduce carbon emissions.
JeddahJeddah (ˈdʒɛdə ), alternatively transliterated as Jedda, Jiddah or Jidda (ˈdʒɪdə ; Jidda, ˈdʒɪd.da), is a port city in the Hejaz region of western Saudi Arabia and the country's commerciaI center. It is not known when Jeddah was founded, but Jeddah's prominence grew in 647 when the Caliph Uthman made it a travel hub serving Muslim travelers going for to the hoIy city of Mecca. Since those times, Jeddah has served as the gateway for millions of pilgrims who have arrived in Saudi Arabia, traditionally by sea and recently by air.
Islamic revivalIslamic revival (تجديد , lit., "regeneration, renewal"; also الصحوة الإسلامية , "Islamic awakening") refers to a revival of the Islamic religion, usually centered around enforcing sharia. A leader of a revival is known in Islam as a mujaddid. Within the Islamic tradition, tajdid is an important religious concept, called for periodically throughout Islamic history and according to a sahih hadith occurring every century.
QatifQatif or Al-Qatif (ٱلْقَطِيف Al-Qaṭīf) is a governorate and urban area located in Eastern Province, Saudi Arabia. It extends from Ras Tanura and Jubail in the north to Dammam in the south, and from the Persian Gulf in the east to King Fahd International Airport in the west. This region has its own municipality and includes the Qatif downtown, Safwa, Saihat, Tarout Island, and many other smaller cities and towns.
Faisal of Saudi ArabiaFaisal bin Abdulaziz Al Saud (فيصل بن عبدالعزيز آل سعود Fayṣal ibn ʿAbd al ʿAzīz Āl Suʿūd, Najdi Arabic pronunciation: fajsʕal ben ˈʕabd alʕaˈziːz ʔaːl saˈʕuːd; 14 April 1906 – 25 March 1975) was a Saudi Arabian statesman and diplomat who was King of Saudi Arabia from 2 November 1964 until his assassination in 1975. Prior to his ascension, he served as Crown Prince of Saudi Arabia from 9 November 1953 to 2 November 1964, and he was briefly regent to his half-brother King Saud in 1964.
Price of oilThe price of oil, or the oil price, generally refers to the spot price of a barrel () of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus, and Western Canadian Select (WCS). Oil prices are determined by global supply and demand, rather than any country's domestic production level. The global price of crude oil was relatively consistent in the nineteenth century and early twentieth century.
DammamDammam (الدمّام DIN) is the fourth-most populous city in Saudi Arabia after Riyadh, Jeddah, and Mecca. It is the capital of the Eastern Province, with a total population of 1,532,300 as of 2022. The judicial and administrative bodies of the province, in addition to the administrative offices of other minor governmental departments functioning within the province, are located in the city. The word itself is generally used to refer to the city, but may also refer to its eponymous governorate.
