Page 50 - துணை ப்ரைம் அமைச்சர் அலெக்சாண்டர் நோவாக் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

•Higher prices spell doom for subsidy payments As economies recover and anticipate improved summer travels, OPEC and its allies will carry on with production increases, just as oil price surpasses $70 a barrel ceiling despite coronavirus crises in Asia and the prospect of sanctions relief for Iran. Brent Crude traded above $71 per barrel yesterday, but closed lower $70.18 at 5:49pm, local time, while Nigeria’s Bonny Light closed at $68.38 per barrel The 23-country OPEC+ alliance, which held almost seven million b/d of production offline in April, is in the process of boosting output by some 2.1 million b/d from May to July roughly two per cent of pre-pandemic demand of which 1.4 million b/d will come from Saudi Arabia.

Saudi arabiaAlexander novakMohammad barkindoNigerian national petroleum corporationInternational energy agencyBonny lightGeneral mohammad barkindoPrince abdulazizDeputy prime minister alexander novakMohammad barkindoசவுதி அரேபியாஅலெக்சாண்டர் நோவாக்நைஜீரியன் தேசிய பெட்ரோலியம் நிறுவனம்பன்னி ஒளிப்ரிந்ஸ் அப்துலஜிஸ்துணை ப்ரைம் அமைச்சர் அலெக்சாண்டர் நோவாக்