To increase oil prices
Saudi cuts crude exports by 120 thousand barrels per day
Saudi Arabia plans to cut crude exports
Riyadh - Emirates Voice
Saudi Arabia plans to cut crude exports by 120,000 barrels per day (bpd) in December from November, reducing allocations to all regions, a spokesman for the energy ministry said on Thursday.
Crude exports to the US will be more than 10 percent lower than November levels, he said. The world's top oil exporter said it planned to ship slightly more than 7 million bpd this month, up from low levels during summer when domestic demand was at its peak.
Seasonal drops in domestic crude demand free up more oil for export during the winter months. OPEC, along with other non-member oil producers led by Russia, agreed to cut output by around 1.8 million bpd from Jan. 1 this year until March 2018.
OPEC is seeking to achieve consensus among the participating countries ahead of its next meeting in Vienna on Nov. 30 on how long to extend the deal beyond March.
GMT 14:58 2017 Monday ,18 December
Saudi Aramco Provides Innovative TechniquesGMT 08:09 2017 Sunday ,17 December
Saudi and UAE Commit over $100 Mn to West African SecurityGMT 06:49 2017 Wednesday ,13 December
Riyadh, Beijing Launch Digital Silk Road InitiativeGMT 09:41 2017 Tuesday ,12 December
Saudi Arabia’s Anti-Corruption Commission Expects 8,000 complaintsGMT 09:37 2017 Tuesday ,12 December
Saudi Zein Initiates 3 New Broadband Projects for Remote Areas
- Tuesday ,12 December GMT 09:41 2017 Saudi Arabia’s Anti-Corruption Commission Expects 8,000 complaints
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 05:14 2024 Wednesday ,07 February
Sophisticated Classic Dining Room Design Ideas
GMT 07:03 2017 Sunday ,12 November
How Britain supported Gaddafi’s approach suppress opponents
GMT 11:37 2015 Monday ,06 July
Latin America celebrates Greek austerity 'No' vote
GMT 23:09 2017 Sunday ,28 May
Dubai-Sharjah roads clogged hours before iftar
GMT 05:30 2016 Tuesday ,27 September
Egypt to attend 19th summit meeting of COMESA countries in October
GMT 18:06 2017 Wednesday ,05 July
Palm-sized baby born in UAE
GMT 06:16 2017 Thursday ,14 September
Saudi aggression wages 15 air strikes on Haradh, Medi
GMT 06:31 2017 Thursday ,16 March
Allergan celebrates commitment to KSA with new entity inaugural
GMT 12:39 2017 Tuesday ,10 October
Turkey urges US to reverse visa halt, summons another staffer
GMT 00:51 2016 Thursday ,01 December
Net Asset of South Korea's Overseas Funds RiseGMT 10:42 2011 Wednesday ,13 July
South Korea begins construction of Korean alphabet museum
GMT 16:18 2016 Saturday ,12 November
Indian bank shares slump as new notes prove elusive
GMT 11:18 2017 Friday ,10 March
Sheikh Mohammed offers condolences to family of Emirati soldier
GMT 07:16 2017 Monday ,11 September
Saudi warplanes hit Taiz
GMT 19:44 2017 Thursday ,04 May
Qatar Stresses Importance of Establishing Nuclear-free Zone
GMT 00:05 2017 Wednesday ,26 July
Leadership congratulates Tunisian presidenGMT 06:57 2012 Thursday ,31 May
The Jump OffGMT 06:16 2012 Thursday ,25 October
Sudan accuses Israel of air raid, threatens action
GMT 01:11 2017 Thursday ,06 July
Decree for restructuring Ajman realty officesGMT 12:04 2012 Sunday ,06 May
Poetry For DummiesGMT 15:12 2012 Sunday ,26 February
Sex-guide according to your ageGMT 07:45 2012 Thursday ,08 March
Zafran: Michelin-star food in a mall
GMT 18:38 2017 Saturday ,09 September
Why Indian cities must go for low-carbon energy
GMT 14:11 2013 Wednesday ,24 July
Tropical ecosystems regulate variations in Earth\'s CO2 levels
GMT 20:36 2017 Saturday ,28 January
Serena Williams Wins Record 23rd Grand Slam Title
GMT 04:07 2017 Friday ,01 September
5.2 magnitude quake hits southern Iran
GMT 12:50 2017 Monday ,25 September
Top Palestinian negotiator awaiting lung transplant in US
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor