Saudi Arabia cut petroleum production is 7 trillion US dollars may affect the price of nu 204 bearing

Strict production discipline by OPEC and its partners is the #1 reason why oil prices have managed to stage a remarkable recovery and stay relatively high after plunging to historical lows in 2020. Early this month, oil prices reacted positively afte…

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The Biden administration plans to ease sanctions on Venezuelan oil to allow more of the country's crude to reach Europe. The U.S. will allow European companies still operating in Venezuela to immediately transfer more oil to the continent, while all…

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