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Reuters
Analysis: An American ploy to influence Saudi Arabia
The data showed that Saudi Arabia's oil supply to the United States declined between January and May this year to 452,000 barrels a day, its lowest level since mid-1987.
In addition, data have shown that the average volume of oil imported by the United States during the period mentioned by the OPEC Member States amounted to 56 million barrels per month, its most low level in 26 years, according to the US Energy Information Administration.
The reasons for the decline, said Irina Lanis, an badyst of one of the Russian financial institutions, said that the OPEC countries aiming to reduce production under the agreement, "OPEC +" in order to achieve a balance of the oil market have contributed to the rise in the price of oil. On oil, reducing oil purchases from the Middle East, while he seeks to reduce the price of oil that he buys through price manipulation.
This badysis is in line with the opinion of Dmitry Inogorodsky, an expert at the International Financial Center, who said Washington was trying to put pressure on Middle Eastern countries, including Saudi Arabia.
He added that the United States could use this paper to increase oil purchases from Saudi Arabia and other countries in the region, in return for concessions.
However, the badyst at BCS Premier attributed declining US purchases to declining oil production in OPEC as part of the production cut deal. The countries participating in this agreement have called on OPEC + to reduce their production by 1.2 million barrels per day since the beginning of the year.
Regarding the importance of Saudi oil for the United States, the badyst notes that Washington can replace light oil imported from the Kingdom with light oil from its production.
Saudi Arabia exported to China about 1.7 million barrels of oil a day (b / d) in March, its highest level since 2004, according to the International Atomic Energy Agency. energy (AIE).
Source: RT
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