banner
Aug 12, 2020
77 Views
0 0

“We saved energy.” Trump praised the contribution of Russia and Saudi Arabia to the reduction of global oil production

US President Donald Trump praised the contribution of Russia and Saudi Arabia to reducing global oil production.

The head of the White House recalled that due to the coronavirus pandemic, the US oil industry is in crisis. He noted that in this situation he called Russian President Vladimir Putin and the Saudi King Salman ibn Abdul-Aziz Al Saud, and they, in turn, reduced production by ten million barrels per day.

- This is how we saved the energy - Trump said in an interview with Fox News.

He added that oil currently costs about $ 41 a barrel (158.988 liters), and retail gasoline in the US is sold at two dollars a gallon (3.785 liters).

Recall that the OPEC + countries came to an agreement to reduce oil production by ten million barrels per day, but the deal could not be signed without the consent of Mexico. The negotiations, which began on the evening of April 9, lasted more than ten hours. As the press secretary of the Russian president Dmitry Peskov noted, there are no losers in the OPEC + deal. On April 10, it was possible to agree on the final deal, which will last until May 1, 2022.

Article Categories:
Economy
banner

Leave a Reply