In April this year, Saudi Arabia's Deputy Crown Prince, Muhammad bin Salman Al Saud, unveiled a series of proposals to end the country's high dependence on oil. The proposals are contained in a document known as Vision 2030, which calls for the establishment of a new sovereign wealth fund...
学科网为您提供2024年中考英语外刊精析1-Saudi Arabia Will Cut Its Oil Production精品资料,欢迎您下载使用,获取更多初中英语教案优质资源请关注学科网
Saudi Arabia will extend a cut in the amount of oil it sends to the world after a series of reductions by members of the OPEC+ alliance.
“If Iran suffers from the drop in oil prices, know that other oil-producing countries such as Saudi Arabia and Kuwait will suffer more than Iran,”he said. He added that“Kuwait’s budget is 95 percent reliant on oil,”and 90 percent of Saudi Arabia’s“annual exports are related to o...
Oil prices fell on Oct. 23 after Saudi Arabia said it would play a "responsible role" in energy markets, although sentiment remained nervous ahead of new U.S. sanctions on Iran's crude exports that start next month. Benchmark Brent crude oil was down 55 cents a barrel at $79.28 by 07...
Saudi Arabia is out in front of fellow Mideast producers in its drive to push the oil price lower — and plans to push an additional 2.5 million barrels per day into the oil market, at home and abroad, in April, relative to March production of 9.8 million b/d. State-run Saudi Aramco...
SFC Markets and Finance: So you've just mentioned the Saudi Arabia's Vision 2030. Could you give us more details about this vision? Bandar AlKhorayef: The vision is to diversify our economy, to move from only oil-based economy to more different sectors. That's why we are introducing th...
Saudi Arabia Raised The Price Of Crude Oil Sold To Asia And Europe, Suggesting That It Believes Demand Will Rise
Mining the desert: billions of dollars will be spent on exploiting Saudi Arabia's non-oil mineral resources. If the mining programme is successful, it could become the most important development for the local economy since the discovery of oil in the 1930s.(Cover Story)Klaus, Oliver...
Traditional energy heavyweights are also recalibrating their positions. Saudi Arabia is now far less concerned with accommodating US requests to supply oil markets in ways consistent with US interests. In the face of a decrease in Washington’s strategic commitment to the Middle East, Riyadh has con...