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Tag Archives: arabia

Saudi Arabia: economic hardships and turmoil

East – a delicate matter. Take the latest statement of the Minister of energy of Saudi Arabia Khalid al-falikha. In it, he, without batting an eye, stated that the Kingdom would not be ostensibly to increase their production up to maximum capacity and make the oil flood in the market. …

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Tension between Iran and Saudi Arabia came out

  Tehran and Riyadh are very sensitive to any statements in relation to each other and try not to leave unanswered the remarks to him. And now cost the Minister of foreign Affairs of Saudi Arabia during a speech in Japan, to hurt Iran, as this was followed by a …

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In Saudi Arabia more than a million Muslims gather for Hajj

Correspondents report on the strengthening of security measures. Muslims gather in Saudi Arabia for the Hajj – the annual pilgrimage to Mecca. It is expected that this year the Hajj will be attended by about 1.5 million people. Correspondents report on the strengthening of security measures. Within a radius of …

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Saudi Arabia opposed the freezing of oil production

Saudi Arabia sees no need to freeze oil production. On Monday, September 5, said the Minister of energy, industry and mineral resources of the Kingdom, Khalid al-falih after signing the agreement with Russian energy Minister Alexander Novak, according to Bloomberg. According to the Minister, frost is one of the preferred …

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Russia and Saudi Arabia have agreed to stabilize oil prices

Russia and Saudi Arabia signed a joint statement to stabilise the oil market. On Monday, 5 September, reports “Interfax”. A statement signed during the G20 summit in Hangzhou with the Chinese head of the energy Ministry of Russia Alexander Novak and Minister of energy, industry and mineral resources of Saudi …

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Russia gave Saudi Arabia the lead for oil production

Saudi Arabia surpassed Russia in oil production in June by 1.7 percent. According to Rosstat, published on Thursday, 25 August, Russian oil production dropped to 10.14 million barrels per day. However, Saudi Arabia in June, the daily was produced of 10.31 million barrels. The total production of the Organization of …

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