The United Nations says Saudi Arabia will increase its oil production by 200,000 barrels a day next month in a move to meet growing world demand.
The news was announced after UN Secretary General Ban Ki-Moon met Saudi Oil Minister Ali al-Naimi in Jeddah for talks on the high oil price. Last month, the Kingdom increased its production by 300,000 Sporting chance ...
Big plans ...
German Named Top Manager for United Nations ...
Saudis to retrain 40,000 clerics ... barrels a day. The country is thought to be the only oil producer with the ability to pump substantially more crude. It argues that the current high prices are caused by speculators rather than any shortage of crude oil. Oil prices have eased since the announcement.
(Deutsche Welle)
more info >>
<< Back