Saudi Arabia intends to increase oil production with its largest oil field on the border with the United Arab Emirates (UAE) — “sheyba”. On it informs Agency Bloomberg referring to sources familiar with the decision of the authorities. To increase the volume of oil the largest oil company in the …
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The conflict between the USA and Saudi Arabia threatens the world financial Apocalypse 23.04.2016, 20:04 According to the materials of the program “Central television” Economists predicted the US financial disaster that will overwhelm the entire world. This will happen if Saudi Arabia will put in action their threats and …
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One of the largest oil producers – Saudi Arabia – is losing its market share. Of the 15 major global markets it fell by nine. Was so reflected in her sales tactics of Russia and other producers. At a meeting of oil producers aimed at freezing increase production, which took …
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Beloved son of the king of Saudi Arabia Prince Mohammed bin Salman has played a crucial role in the failure of the Doha negotiations to freeze oil prices. About it writes The Financial Times. The publication notes that the Prince who wasn’t even present in the Qatari capital, early in …
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Saudi Arabia, with a budget of more than 90 percent dependent on oil exports, is going to develop a plan for substitution of commodity revenues. According to Bloomberg, citing the statement of the second crown Prince of Saudi Arabia Mohammed bin Salman, a national program to increase non-oil revenue will …
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Saudi Arabia won’t reduce oil production if Iran and the other producers agree to freeze it at a meeting in Doha on April 17. About it reports on Saturday, April 16, Bloomberg. “If all major manufacturers will not freeze the production, we will be unable to pause”, — quotes Agency …
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Saudi Arabia does not intend to limit oil production, if at the forthcoming meeting in Doha, other producers, including Iran, will not agree to freeze volume. In this case, according to Bloomberg, Iran refuses to participate in scheduled for Sunday talks. On Saturday, the Deputy oil Minister of Iran said …
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Announced by Prince Salman Ibn project of radical reorganization of the Saudi economy implies the aspiration to cope with the dependence on oil and to turn the country into a true economic power. However, the current crisis could put the project at risk. When it runs out… Atlantico: the Prince …
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Saudi Arabia will not reduce oil production. This was stated by the oil Minister of the Kingdom Ali al-Nuaimi, reports Reuters. “Forget about this topic,” said al-Nuaimi in response to the question about the possibility of reducing the production of hydrocarbons in the country. Against this background, message, oil prices …
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Russia and Saudi Arabia agreed on the issue of freezing the oil. About it reports “Interfax” with reference to informed diplomatic source in Qatar. “Today was contact the representatives of Saudi Arabia and Russia, during which the country reached consensus on the issue of freezing of oil production,” he said. …
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