At the beginning of January, OPEC+ announced the details of the latest agreement between the world’s largest oil producers. Saudi Arabia is set to reduce its production by an additional million bpd, while Russia is going to slightly increase output.
The global oil market is resting on an uncertain truce between Russia and Saudi Arabia, says Times Now adding that the deal was stitched together after some discomfort, and the peace between the two countries seems fragile. In March 2020, Riyadh and Moscow were locked in a historic showdown, which wiped oil prices out by two-thirds at the peak of their sparring.
„Bloomberg : tikroji Saudo Arabijos netikėto naftos gamybos sumažinimo kaina
delfi.lt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from delfi.lt Daily Mail and Mail on Sunday newspapers.
بلومبرغ : روسيا تخطط لدعم إنتاج النفط في اجتماع أوبك+ المقبل | صحيفة المواطن الإلكترونية
almowaten.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from almowaten.net Daily Mail and Mail on Sunday newspapers.