Saudi Arabia calls on oil-producing nations to discuss talks on reducing production April 3 7:31
The Saudi Arabia government said on Tuesday that the State Crown Prince Mohammad had talked with US President Trump on a telephone call to discuss global energy markets and other issues. He then called on OPEC and the oil-producing nations, such as Russia, to hold an emergency meeting to discuss production cuts in order to reach a new agreement.
The company does not disclose the specific scale of production cuts with Russia and other sources, but states that the call for the meeting will be at the request of President Trump to support an unprecedented global economy. You.
Last month, Saudi Arabia talked with Russia and other oil-producing countries about the need to cut production as crude oil demand fell due to the spread of the new coronavirus.
However, as Russia refused to cut production, Saudi Arabia, on the other hand, decided to increase its production by more than 2.5 million barrels a day and supply 12.3 million barrels of crude oil to the market from this month, causing crude oil prices to drop sharply. I was