Tag Archives: International News Agency

Saudi Arabia'.s voluntary limit under the December cuts deal with Russia and other producers was 10.33 million barrels a day.

Venezuela exports about 500.000 barrels per day (bpd) of crude to the United States.

The Kremlin has warned against negative repercussions should third countries intervene in Venezuela’s affairs.

Russia has been a long-standing ally of Venezuela and has acted as a lender of last resort for Caracas.

U.S. President Donald Trump recognized Guaido as president of the country.

Raising production from South Azadegan Oilfield is a declared policy of the Petroleum Engineering and Development Company.

Japan did not import any crude from Iran in November.

Aramco'.s plan to buy a stake in Hyundai Oilbank can be seen as Saudi Arabia'.s move to secure its market share in South Korea.

Russia and Saudi Arabia have been steadily developing economic cooperation over recent years.

China is trying to stem the slowdown with aggressive fiscal stimulus measures.