Baku 21° C
Saudi Arabia reduce oil prices
Energy
- 05 October, 2015
- 09:53
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 5 October. REPORT.AZ/ On Sunday Saudi Arabia increased discounts for its oil buyers.
Report informs referring to Interfax, in the price list of state-owned Saudi Aramco, sent to customers on Sunday, the price for deliveries to Asia decreased by 1.7 dollars/barrel. Saudi company also reduced the price of heavy oil to the Far East by 2USD - for the United States - by 0,3 USD.
The Wall Street Journal notes that in September, Russia and Saudi Arabia, the world's two largest oil producer, increased production.Russia brought up production to a record 10.74 mln barrels per day.
Saudi Arabia in recent months has brought production to more than 10 mln barrels per day and will continue to invest in production.
Author
Latest News
00:28
Ali Asadov sends congratulations to Morocco's first female head of government
Foreign policy
00:22
Azerbaijani wrestlers win two gold medals at Vladikavkaz tournament
Individual sports
23:35
Video
President Ilham Aliyev's social media accounts shared video on Cambodian Prime Minister's visit to Azerbaijan
Foreign policy
23:17
Parviz Shahbazov: Oil market stability also depends on safe energy deliveries
Energy
23:11
Georgia seeks role in China-Kyrgyzstan-Uzbekistan transport route
Region
22:34
Education authorities inspect dress-code compliance in Baku schools
Education and science
22:15
Photo
Azerbaijani photo club continues 'landmine-free world' campaign in Sarajevo
Foreign policy
21:59
Shaffer: Military outcome paved way for Armenia-Azerbaijan peace
Foreign policy
21:31
29 foreign ministers accuse Iran of hostile hybrid activities
Other countries