Record Price Hike Expectation From Saudi Arabia
The biggest oil exporter in the world, Saudi Arabia, is anticipated to sell crude oil to Asia at all-time highs.
The biggest oil exporter in the world, Saudi Arabia, is anticipated to sell crude oil to Asia at all-time highs.
NBC has stated that US President Joe Biden will visit Saudi Arabia and Israel next month.
Oil prices continue to rise as the US moves one step closer to banning oil imports from Russia.
Saudi Arabia has increased the oil prices it sells to Asian countries and the USA.
The White House said OPEC+'s insistence not increasing production puts the global economic recovery at risk.
Oil prices rose after Saudi Arabian Energy Minister Abdulaziz bin Salman said caution should be exercised regarding global oil production.
Subscribe to our newsletter and get notified about the next update.
© 2021 FTD Limited
FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.
The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.
© 2021 FTD Limited
FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.
The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.