Riyadh refused to sell oil to the countries which have established a ceiling of the prices

Show original
Riyadh will not sell oil to any country which decided to enter a ceiling of the prices of the Saudi deliveries. The Minister of Energy declared Saudi Arabia Abdul-Aziz ibn Salman ibn Abdul-Aziz al Saud, writes Energy Intelligence. "If export of the Saudi oil gets under restrictions, we will not sell oil to any country which will enter a ceiling of the prices of ours deliveries" — commented on the anticartel bill NOPEC Abdul-Aziz ibn Salman ibn Abdul-Aziz al Saud. The initiative of No Oil Producing and Exporting Cartels Act assumes that United States of America will be able to show antimonopoly claims to members OPEC and to their partners...
Analysis
×