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05:15 «BRICSterview»
05:15 «BRICSterview»
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«BRICSterview»

05:45 Documentary film «More precious than gold»
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Documentary film «More precious than gold»

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«Check List»

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Иконка с часами 14 minutes 2 sec.
Ambassador of Ethiopia to Russia Uriat Cham Ugala/ “Joining BRICS is a growth opportunity for Ethiopia”
Иконка с часами 20 minutes 11 sec.
Douw Vermaak/ «Relations between Russia and South Africa are getting stronger»
Иконка с часами 8 minutes 22 sec.
Anthony Phiri, Harare Institute of Technology/"The world needs to work together to reduce greenhouse gas emissions"
23.07.2417:12 Society
Russian and Ethiopian diplomats launch TV BRICS cooperation with new African media network
19.07.2416:45 Society
Khanty-Mansi Autonomous Okrug explores life in BRICS+ countries 
18.07.2411:54 Society
TV BRICS projects to be available on popular entertainment media resources in the Western Balkans
Saudi Arabia
23.06.24 11:18
Economics

Saudi Arabia cuts crude oil prices 

The oil market has renewed its focus on fundamentals

Oil prices declined in Asian trading as markets remained cautious on the outlook for global demand growth amid expectations of increased supply. This is reported by Arab News.

Meanwhile, global oil demand growth slowed to an annualised 890,000 barrels per day in the first quarter.

Output at China's refineries in May fell 1.8 per cent year on year as refiners carried out routine maintenance.

Experts predict that oil production in Saudi Arabia in January–September of this year will amount to 8.98 million barrels per day and then gradually increase to 9.23 million barrels per day in December 2024 and 9.98 in October–December 2025.

Photo: iStock

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