• $
  • €
  • ₽
  • ₺
  • £
ALL NEWS Political News Society Culture Business Sport World Photo Video
Categories Business

Saudi Arabia tells oil buyers of cuts after OPEC deal

Saudi Arabia tells oil buyers of cuts after OPEC deal
09.12.2016 09:30
Saudi Arabia is informing its customers of cuts to their January crude oil supplies to comply with the latest OPEC agreement, Reuters reported.

The note adds that cuts will be to varying degrees, but is likely to be larger to North America due to lower margins.

Last week, members of the Organization of the Petroleum Exporting Countries agreed to scale back output, its first cut since 2008.

www.ann.az
Similar news
Similar news
Kapital Bank’s net profit increased by 29.6% in the first 9 months of 2026
Business 18:00
Kapital Bank’s net profit increased by 29.6% in the first 9 months of 2026
Azerbaijan transport and warehousing sector expands 10% in 9M 2026
Business 17:30
Azerbaijan transport and warehousing sector expands 10% in 9M 2026
Nakhchivan trade up 67% in 9M 2026 as deficit surges 47-fold
Business 15:56
Nakhchivan trade up 67% in 9M 2026 as deficit surges 47-fold
iTicket now available in ABB mobile!
Business 14:40
iTicket now available in ABB mobile!
ABB Bank to host international Risk Forum in Baku
Business 14:00
ABB Bank to host international Risk Forum in Baku
Bir brings its digital banking experience to Istanbul Fintech Week
Business 13:30
Bir brings its digital banking experience to Istanbul Fintech Week
Dollar steady at 1.70, ruble advances
Business 12:30
Dollar steady at 1.70, ruble advances
İMF sharply raises global oil price forecasts
Business 12:00
İMF sharply raises global oil price forecasts
OPEC affirms oil’s dominance in future energy mix
Business 11:30
OPEC affirms oil’s dominance in future energy mix
Anews TV

Our official Youtube channel

Subscribe

Latest news

Business 18:00
Kapital Bank’s net profit increased by 29.6% in the first 9 months of 2026
Political News 17:59
Sheikh-ul-Islam Pashazadeh warns against exploiting hijab issue
Business 17:30
Azerbaijan transport and warehousing sector expands 10% in 9M 2026
Political News 17:00
YAP slams Turkish presidential adviser over unwarranted remarks
World 16:30
Explosion hits Central Asia–Center gas pipeline in Russia's Penza
Business 15:56
Nakhchivan trade up 67% in 9M 2026 as deficit surges 47-fold
Society 15:30
Suspect arrested for torching school principal's car in Baku
Political News 15:00
Ilham Aliyev meets Lao President Thongloun Sisoulith in Baku
Business 14:40
iTicket now available in ABB mobile!
Business 14:00
ABB Bank to host international Risk Forum in Baku
Business 13:30
Bir brings its digital banking experience to Istanbul Fintech Week
Society 13:00
Six detained over attempted school arson in Baku's Yasamal district
Business 12:30
Dollar steady at 1.70, ruble advances
Business 12:00
İMF sharply raises global oil price forecasts
Business 11:30
OPEC affirms oil’s dominance in future energy mix
More news
Aliyev, Erdogan and Pashinyan hold joint discussion in Prague
16:23

Aliyev, Erdogan and Pashinyan hold joint discussion in Prague

Photo
To the loving memory of Azad Khalilov - PHOTOS
17:58

To the loving memory of Azad Khalilov - PHOTOS

Photo
Turkish, Iraqi foreign ministries hold political consultations
17:27

Turkish, Iraqi foreign ministries hold political consultations

Photo
16:30

"Freedom for Misha!" inscriptions appear in key Georgian cities

Photo
Azerbaijani MP calls Musavat and APFP “traitors” — VİDEO
17:30

Azerbaijani MP calls Musavat and APFP “traitors” — VİDEO

Video
Los Angeles Police deny Armenian lobby’s allegations - VİDEO
10:06

Los Angeles Police deny Armenian lobby’s allegations - VİDEO

Video
Luis Suarez sends emotional message of support to cancer sufferer
12:31

Luis Suarez sends emotional message of support to cancer sufferer

Video
Horrors in India's Dairy Industry
12:02

Horrors in India's Dairy Industry

Video