Saudi Arabia plans to reduce crude oil exports to 5 lakh barrels a day

Saudi energy minister Khalid Al Fali said Saudi Arabia will reduce its crude oil exports to 5 lakh barrels a day from next month. Crude oil prices are on the rise in the international market. In the meanwhile, oil-rich Arab countries have decided to cut crude oil production to increase the price of petrol and increase the price.

The decision regarding the implementation of the world's petroleum supply 73 per cent of the 18 main countries of Saudi Arabia, the country's Energy Minister Khalid Al hpali consulting terivittullaritanitaiye Abu Dhabi, the oil-price declines itukkatatum ways to discuss a planned oil-producing countries, the meeting p Energy Minister Khaled al hpali spoke raku.

According to a recent study, a reduction of 10 lakh barrels per day would be enough to keep the petrol price balanced. In the meantime, Saudi Arabia promised to reduce its oil exports to 5 lakh barrels a day. The meeting was discussed at a meeting with some of the countries seeking to sell oil to Iran, with some countries being exempt from sanctions imposed by the US