After the financial sanctions choices made by the USA and Europe in opposition to Russia, there are considerations in regards to the full cessation of Russian oil exports and the ensuing sudden rise in oil costs.
In such a interval, British Prime Minister Boris Johnson is attempting to persuade Saudi Arabia to increase oil production.
HE WILL GO TO SAUDI ARABIA FOR OIL DEMAND
The Occasions newspaper wrote that Johnson will go to Saudi Arabia, with which he has good relations this week.
British Well being Minister Sajid Javid, “Throughout the nice world power disaster brought on by the warfare in Europe, it’s proper for the Prime Minister and different world leaders to interact with Saudi Arabia.” mentioned.
Javid mentioned that Saudi Arabia is without doubt one of the world’s largest oil producers.
FINAL STATUS ON PRICE
Oil costs fell $4 a barrel on Monday on hopes of ending the warfare in Ukraine, which has emerged together with diplomatic initiatives.
Brent oil was final traded at 101 {dollars}.
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https://m.ensonhaber.com/dunya/boris-johnson-suudi-arabistandan-petrol-uretimini-artirmasini-istedi
