Tag: extends
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Moscow extends the ban on the sale of Russian oil and its derivatives
Moscow announced the extension of the ban on the sale of Russian oil and its derivatives, within the price ceiling previously imposed by the Group of 7 and European Union countries, in December (2022). The decision issued by President Vladimir Putin, today, Monday, June 26 (2023), extends a decree that took effect on February 1,…
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Energy sources: Saudi Arabia extends oil production cuts by one million barrels per day
Sources revealed that the Kingdom of Saudi Arabia is ready to announce, within a few days, the extension of the voluntary oil production cut by one million barrels per day, in the month of August (2023). And the sources indicated, in exclusive statements to the specialized energy platform, that the step of extending the production…
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The OPEC + alliance confirms the policy of reducing production .. and Saudi Arabia extends the voluntary cut
OPEC + agreed to stabilize the policy of reducing production without change in 2023, in addition to amending the base month through which oil quotas and compliance in the alliance are calculated starting next year, during the ministerial meeting held today, Sunday (June 4, 2023), after Several rounds throughout the day in order to reach…
