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:

8 Billion Rubles Will Be Invested In the Domodedovo Airport
The Turkish Consulate General will be Relocated from Novorossiysk to Krasnodar in April 2018
The Volume of Foreign Orders for Russian Military and Dual-use Products Exceeded $ 50 Billion
Siemens Will Break the Licensing Agreement With Russian Partners
The Festival of FIFA fans in Sochi will be held in June-July 2018

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
Norwegian fish  art collections  Painting  Mercedes-Benz Fashion Week Russia  Kemerovo Region  Moscow  How to Get to Vnukovo Airport  Russian history  Saint Petersburg Museums  Archeology  Russian transport  Fires  Exhibitions in Moscow  Life Saving  modern piracy  the State Museum of Literature  YUVT Aero  Russian courts  Russian regions and cities  Russian tourism  Karelia   FC Anzhi Makhachkala  Russian business  opinion poll  Pascal Quignard  Rock Music  Pskov Region  Friday Fun  Krylya Sovetov  Bioreactor  Russian Film Distribution  Russian Animation  Russian reporters  Gazprom Neft  Baikonur  Transportation  Pushkin Museum of Fine Arts  Russian gas  Seal  Russian Literature  Avant-garde  Belorechensk  Russian theatres  Andrey Krupinin  Crimea  Fashion and Design  Russian Cinema  Architecture of St. Petersburg  Russian metallurgy companies  economic crisis 

Travel Blogs
Top Traveling Sites