International News

International Oil Production Cuts

Author : Bozhou Marine

Update time : 2023-04-04 12:41:29

Several oil-producing countries announced on April 2 that they would voluntarily cut crude oil production from May until the end of 2023.

Saudi Arabia announced that it will voluntarily cut crude oil production by 500,000 barrels per day from May until the end of 2023;

The United Arab Emirates announced that it will cut 144,000 barrels;

Kuwait announced that it will cut 128,000 barrels;

Iraq announced it would cut 211,000 barrels;

Algeria announced it would cut 48,000 barrels;

Kazakhstan announced it would cut 78,000 barrels;

Oman announced it would cut 40,000 barrels;

Russia announces extension of 500,000 barrels per day cut in oil output until end of 2023.

www.bozhou-int.com | Marine Light

Previous : Brazilian Trade Opens CNY Settlement

Next : Strikes In Germany

The Ongoing Conflict in the Middle East

Oct .27.2026

The ongoing conflict in the Middle East is exerting a broad impact on the global economy through channels such as energy, trade, and international shipping.

911 Day of Mourning

Sep .11.2026

Today, September 11, 2026, marks the 25th anniversary of the terrorist attacks on the U.S. homeland.

Chinese Mathematician Wins Fields Medal

Jul .24.2026

At the opening ceremony of the 2026 International Congress of Mathematicians held in Philadelphia, USA on the 23rd, Chinese mathematicians Deng Yu and Wang Hong were awarded the Fields Medal.

US-China Lunar Race

May .27.2026

NASA has released details of a series of equipment planned for transport to the moon, including robotic landers, bouncy drones (hybrid robots combining flight and ground-jumping mobility), and lunar rovers, all part of its plan to establish a lunar base.