Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Saudi Arabia Intends to Cut On Oil Supplies
13.10.2017 13:36
Saudi Arabia Intends to Cut On Oil Supplies

Saudi Arabia intends to dramatically cut on oil supplies next month. This is reported by the Bloomberg agency with the reference to the message of the Ministry of Energy of the Kingdom. The decision to sharply decrease oil exports was made after the recent visit of King Salman bin Abdul Aziz Al Saud to Moscow where he met the Russian President Vladimir Putin.

      According to the agency, the state oil monopoly “Saudi Aramco” will reduce oil exports by 560,000 barrels of oil per day next month, in order to reduce global oil reserves and stimulate demand. Currently Riyadh supplies about 7.7 million barrels per day; the reduction will reduce these volumes to 7.15 million.


Author: Anna Dorozhkina


Next Previous

You might also find interesting:

Russian Trade With Japan Is Improving
Tour Guides Of Kazan Will Speak Several Foreign Languages
Zlatan Ibrahimovic will Visit Russia for FIFA World Cup
The Mexican Interjet Airline Company Is Interested In Purchasing Russian MS-21 Aircrafts
The Swedish Nordea Group Plans to Leave the Russian Market

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Green Theatre   incident  Russian entertainment  Moscow actions  Sheremetyvo  ROSCOSMOS  the Urals region  Igor Butman  Russian history  Irkutsk Region  Russian Cinema  Supseh  Russian banking sector  Russian Monuments  Marina Tsvetayeva   Historical Exhibitions  Concerts in St. Petersburg  Robots  Russian business  Nude  Moscow Physics and Technology Institute  Exhibitions in Moscow  Russian Film Distribution  Russian real estate developers  The Irkutsk Region  Chernogorsk  Festivals in Moscow  Wooden Architecture  hunting  Mrs. Russia  Plyos  Russian opera singers  Chelyabinsk Region  Moscow  Alexey Uchitel  Mercedes-Benz Fashion Week Russia  Chernobyl  real estate in Russia  Russian tourism  Patriotic Musical Holding  Russian Literature  Archeology  Painting  Russian painters  Russian singers  Golden Mask  Ukraine crisis  Boris Nemtsov  Novosibirsk Zoo   fashion weeks 

Travel Blogs
Top Traveling Sites