• $
  • €
  • ₽
  • ₺
  • £
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
Business without limits: More than 5 transactions a day
Business 16:05
Business without limits: More than 5 transactions a day
A major step toward advancing artificial intelligence infrastructure in Azerbaijan’s banking sector
Business 15:29
A major step toward advancing artificial intelligence infrastructure in Azerbaijan’s banking sector
Oil edges lower, heads for 7% weekly gain on Gulf disruptions
Business 12:28
Oil edges lower, heads for 7% weekly gain on Gulf disruptions
US Treasury Secretary Bessent warns nations keeping Iran ties risk economic collapse
Business 11:04
US Treasury Secretary Bessent warns nations keeping Iran ties risk economic collapse
Gold heads for third straight weekly gain as dollar weakens
Business 10:30
Gold heads for third straight weekly gain as dollar weakens
Azerbaijan's Azeri Light crude rises to $96.68 per barrel
Business 09:59
Azerbaijan's Azeri Light crude rises to $96.68 per barrel
Gold heads for third straight weekly gain as dollar weakens on US Treasury buybacks
Business 09:57
Gold heads for third straight weekly gain as dollar weakens on US Treasury buybacks
Central Bank of Azerbaijan sets official exchange rates: USD holds at 1.7000 AZN
Business 09:29
Central Bank of Azerbaijan sets official exchange rates: USD holds at 1.7000 AZN
Tanker values hit highest since 2008 as Gulf producers race to secure oil export routes, FT reports
Business 18:00
Tanker values hit highest since 2008 as Gulf producers race to secure oil export routes, FT reports
Anews TV

Our official Youtube channel

Subscribe

Latest news

Society 18:30
Azercell wins three Brandon Hall Group HCM Excellence Awards®
World 18:00
Trump balks at Ukrainian proposal to use Starlink-equipped drones for strikes inside Russia
Society 17:30
Mass food poisoning strikes wedding in Azerbaijan's Ismayilli district, 24 treated and discharged
Society 17:00
Azerbaijan weather forecast for August 22: Baku to see up to 35°C, regional highs near 40°C
Political News 16:30
Karabakh will be my first official regional visit, formal request submitted -UK Ambassador
Business 16:05
Business without limits: More than 5 transactions a day
Political News 16:00
Visa-free travel regime with Azerbaijan or other countries not currently expected
Society 15:30
Widespread English proficiency in Azerbaijan shifts British Council focus to exam administration
Business 15:29
A major step toward advancing artificial intelligence infrastructure in Azerbaijan’s banking sector
World 15:00
Trump hardens stance against Middle East allies amid impasse in Iran conflict, WP reports
Political News 14:30
Azerbaijan is London's key South Caucasus partner for years to come
Society 14:00
Yeni Klinika Deputy Director Ravil Taghiyev steps down ahead of relocation to US
Society 13:30
Azerbaijan police detain 76 criminal suspects in nationwide operations over past 24 hours
World 13:00
Steve Jobs' NeXT was rescued by massive US intelligence contract in 1980s, WSJ reports
Business 12:28
Oil edges lower, heads for 7% weekly gain on Gulf disruptions
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