The Saudi King American leaders repeatedly produce additional oil if necessary.



[ad_1]


Reuters – The White House said The Saudi king has promised, if necessary, to increase oil production. The reserve has another capacity of 2 million barrels a day. No agreement to increase the production capacity of 2 million barrels a day, according to the tweet. Iran accuses Washington of seeking economic pressure to fan the Iranian opposition They also spoke with Arabia.

The White House issued a statement Saturday, June 30 that President Donald Trump spoke with His Majesty King Salman bin Abdulaziz. On Friday, June 29, the oil market may need more supply. And the Saudi king. View availability when capacity increases. The reserve has a reserve capacity of 2 million barrels per day (BPD), which will be used with caution and as needed. To guarantee the oil market equilibrium

The sources say that the Saudi production plan Reuters reported earlier this week that the Saudi authorities had plans to increase production by 200,000 barrels per day this month, increasing production to 11 million barrels a day. The recording is unprecedented. Greater than June, producing 10.8 million barrels a day.

Saudi Arabia The maximum production capacity is 12 million barrels a day. Amerizen, from Essener Gesellschaft, argues that these figures are theoretical.

In the last 22 months, Saudi Arabia, including countries that are not members of the oil exporting countries (OPEC), which includes Russia It has recently agreed to increase its capacity to production of 700,000 to 1 million barrels a day

The White House statement also cut the tweet the same day. After describing the turmoil in Iran and Venezuela. Finally, the Saudi prince. I agree to produce more oil. It can reach 2 million barrels

. That is, more production in Riyadh will help offset the lower supply of Iran. […]

Trump did not specifically specify whether the increase of 2 million barrels in volume was due to the US withdrawal from the nuclear deal in May and the resumption of oil sanctions against l & # 39; Iran. Produce a day? World demand for oil is now close to 100 million barrels a day.

Saudi media reported that during telephone talks Trump and the King of Saudi Arabia He stressed the need to preserve the stability of the oil market. However, there is no mention of Riyadh's intention to increase the production capacity of 2 billion BPD and Saudi oil officials. I did not comment on it on Friday

. Brent traded at $ 79 a barrel. According to a Reuters poll. Oil prices will remain solid this year. Due to supply jams in many countries. This includes Libya and Venezuela. And the increase in production capacity of OPEC can not meet the growing demand.

Khalid al-Fahh, Saudi Minister of Energy Meeting with Secretary of State Mike Pompeo. This Thursday (July 5) in Washington to discuss energy security

. Trump's management is pushing countries in the European Union, Asia and the Middle East to stop importing oil from Iran since November. The United States will begin a series of measures to put pressure on Tehran so that it negotiates new nuclear agreements. [N°19659003] On Saturday, Iran's top Iranian leader, Iran's top president, accuses Washington of trying to reduce oil imports from Iran. Economic pressure to fan the Iranian opposition Six US presidents have already tried this method.

In addition, Hassan Kasemird de Babil, Iran's OPEC Governor Also accused America and Saudi Arabia Trying to shake oil prices and perhaps as high as $ 100 a barrel . Which violates the basic principles of OPEC

[ad_2]
Source link