Browsing Tag

oil exports

Saudi Arabia and Russia cut oil exports for an additional month

After a recent agreement between Russia and Saudi Arabia, it became known that both regions will maintain the cut in oil exports for another month. According to the announcement on the measure, exports from Saudi Arabia will remain at 9 million barrels per day. For its part, Russia will remain at…

Oil exports fell 8 % in January

Venezuela's oil exports experienced an 8 % drop at the end of January, as reported by Reuters, as a result of contract reviews requested by the new PDVSA president, Pedro Tellechea. The new manager ordered in January to suspend "most…