Global oil in US hands after Saudi outage - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Global oil in US hands after Saudi outage via SABCNewsOnline

Saudi Arabia has yet to comment on the extent of damage on its oil production but industry sources have said some 5-6 million barrels per day or 5-6% of global supply have been affected.

Spare capacity is the extra oil a producing country can bring onstream and sustain at short notice, providing global markets with a cushion in the event of natural disaster, conflict or any other cause of an unplanned supply outage. The United States has briefly overtaken Saudi Arabia as the world largest crude exporter this year, only a few years after removing a ban on oil exports because of large needs at home as the world’s largest oil consumer.

Besides the United States, the only countries which have significant spare capacity are Iran and Venezuela.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 32. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Only 179 Nigerians were allowed to leave South Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Home Affairs Minister, Aaron Motsoaledi, has confirmed that 179 people were allowed to leave South Africa for Nigeria from Johannesburg on Wednesday.
Источник: SABC News Online - 🏆 32. / 51 Прочитайте больше »

UN regrets US asylum decision - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The United Nations Refugee Agency has criticized a decision by the Supreme Court of the United States allowing the administration of President Donald Trump to bar migrants, mainly from Central America, from seeking asylum in the country.
Источник: SABC News Online - 🏆 32. / 51 Прочитайте больше »

Tourism drops after Gauteng riots - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The tourism sector in Gauteng is feeling the brunt from the recent violence and looting of businesses in the province.
Источник: SABC News Online - 🏆 32. / 51 Прочитайте больше »

Looted out of businessSouth African businesses are cleaning up following looting in Germiston.
Источник: eNCA - 🏆 49. / 51 Прочитайте больше »