Saudi Arabia will also supply an additional 3.6 million barrels of oil per day
Riyadh … News Time
Saudi officials have announced that oil exports to record a record 10.6 million barrels per day since May. According to the news agency, the current situation around the world and the global outbreak caused by the Corona virus has already reached the record low level of 17 years. Experts have also warned of monopolization in major markets around the world in the coming days. In view of the current situation, Saudi Arabia has announced a rise in daily oil production in April and now in May. With Saudi Arabia’s announcement on Monday, tensions and war on oil pricing between Saudi Arabia and Russia could intensify. In the current scenario, Saudi Arabia will also supply an additional 3.6 million barrels of oil on a daily basis, following the worldwide falling oil prices.
