Saudi Arabia’s state-owned company, Saudi Aramco, has reduced prices for February supplies of Arab light oil in all regions of the planet due to reduced demand. writes about this Bloomberg.
According to the agency, the price for supplies to Asian markets was reduced by 1.5-2 dollars per barrel.
Saudi Aramco also reduced oil supply prices to Northwestern European, Mediterranean and North American countries in February.
Earlier, former senior vice president of Otkritie Bank Konstantin Tserazov in a conversation with socialbites.ca saidIt is predicted that oil prices may drop significantly in the coming months due to increasing contradictions within OPEC+. According to him, major oil producing countries such as Saudi Arabia are making great efforts to reduce the dependence of their economies on oil.
Previously in Iran saidHow will the country help BRICS?