OPEC’s oil production fell significantly in March on the back of Saudi Arabia-led output curbs and outages in Venezuela resulting from political and economic unrest.
In its closely-watched monthly oil market report, the Organization of the Petroleum Exporting Countries said its crude-oil output had fallen by 534,000 barrels a day month-on-month, to average 30.02 million barrels a day in March, according to secondary sources.The bulk of the cuts were shouldered by Saudi Arabia — the de-facto head of OPEC and the world’s largest exporter of crude — which reduced output by 324,000 barrels a day.
Venezuela, a key member of OPEC whose oil industry has been under U.S. sanctions since the start of the year, saw output decline by 289,000 barrels a day, according to the report.Patagonia triggers a market panic over new rules on its power vestsWant news about Europe delivered to your inbox? Subscribe to MarketWatch's free Europe Daily newsletter. Sign up here.
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Saudi Arabia said to detain U.S.-Saudi citizens in latest phase of crackdownAt least one other dual U.S.-Saudi citizen, Walid Fitaihi, a doctor, has been in Saudi custody for more than a year With a nod from Traitor tRUMP. Trump? Ya gonna help them out? Oh well everyone knows saudi arabia is a 💩hole.
Source: washingtonpost - 🏆 95. / 72 Read more »
Saudi Arabia is reportedly mulling 'nuclear option' of stripping the US dollar from oil tradeFacing U.S. legislation that would hobble OPEC, the Saudis are considering selling oil in currencies other than the dollar, Reuters reports. can't wait for John Bolton to push war with the Saudis now Not possible! This will ensure war. folloback
Source: CNBC - 🏆 12. / 72 Read more »
Saudi Arabia denies that it threatened to strip the US dollar from oil tradingSaudi Arabia denies it threatened to strip dollar from oil trading It's time to end our relationship with the Wahhabis! And they will until they do.😏 FWIWmacro If they do, Royal family will be thrown out in a matter of months.
Source: CNBC - 🏆 12. / 72 Read more »
Saudi Arabia denies it threatened to strip the US dollar from oil tradingSaudi Arabia on denies a report that the kingdom is threatening to sell its oil in currencies other than the U.S. dollar if American lawmakers pass legislation targeting OPEC. Green deal looking better If only the sound of wind turbines didn't cause cancer, we could convert the nation to renewables and say Screw You OPEC. Darn cancer causing sound. they will do 'Indian trade' (the exchange of something for something else) now ? 🤣🤣🤣
Source: CNBC - 🏆 12. / 72 Read more »
House rebukes Trump on Saudi Arabia, backs measure to end Yemen involvementAs the resolution had already passed the Senate, where Trump's fellow Republicans have a slim majority, the 247-175 vote in the Democratic-led House sends the measure to the White House, which said last month Trump would issue a veto. The final tally was not available, but about 15 House Republicans USA Saudi Friends - Trump
Source: YahooNews - 🏆 380. / 59 Read more »
US citizen arrests set to deepen divide between Trump, GOP over Saudi ArabiaSaudi Arabia arrested two more American citizens Friday in a direct snub to Congress, a move sure to create even more domestic political heat for President Donald Trump can they arrest Trump? just wondering...
Source: CNN - 🏆 4. / 95 Read more »
Trump officials are “bending over backwards” to give Saudi Arabia access to nuclear material, senator warnsThe Trump administration admitted it had made seven approvals for the sharing of technological information with Saudi Arabia without telling Congress. one day both of them will bend over the justice The new and improved Saudi Arabia are great friends of the USA. Just like Russia. ?
Source: Newsweek - 🏆 468. / 52 Read more »
Saudi Arabia and UAE give $200 million to Yemen for RamadanSaudi Arabia and the United Arab Emirates will disburse $200 million in aid to Y... Cause the problem then act like the heros?!?!? Despite destroying them. Allah zaiyi hukunci!!! It only counts if it makes it to the people!
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC' - sourcesSaudi Arabia is threatening to sell its oil in currencies other than the dollar ... dmitryZ_reuters Rania_ElGamal AlexLawler100 Go on do it! dmitryZ_reuters Rania_ElGamal AlexLawler100 They are going to deal in Israeli shekels the only sustainable currency in their region. Israel 🇮🇱 dmitryZ_reuters Rania_ElGamal AlexLawler100 Truth buried in story: “The chances of the U.S. bill known as NOPEC coming into force are slim and Saudi Arabia would be unlikely to follow through”
Source: Reuters - 🏆 2. / 97 Read more »
Saudi Arabia Detains More Activists Despite International CriticismSaudi Arabia has detained at least eight more people, including two U.S. citizens, who pressed for women’s rights in the highly conservative kingdom, deepening a crackdown on political opponents despite international criticism. in that country works well a lot of chainsaw machines..but no forests are in place That is completely misleading WSJ👹👺🔥 I don’t think Snowden is enjoying his vacation on the beaches of Siberia for no reason😂 Saudi Arabia has only 60,000 prisoners in jail🇸🇦 Whilst your beacon of democracy has 2 million, 25% of the world’s prison population😱 Hypocrites🤡 These are the people known security risk Jared Kushner meets with in secret, nontransparent meetings on behalf of the US govt. Think about that for a minute...
Source: WSJ - 🏆 98. / 63 Read more »