Saudi Aramco: world oil supply begins to decline

Amin Al-Nasser, president and CEO of Saudi Arabian Oil Company (Saudi Aramco) confirmed that all energy sources will be needed in the coming years.

Nasser said, according to “Reuters” on Monday, that the world supply of oil is starting to decline, explaining that global oil supplies are starting to slow.

Saudi Aramco said on Sunday it raised the price of The official sale of Arabian Light Crude to Asia at $ 3.30 a barrel above the media Oman / Dubai in January, with an increase of $ 0.60 compared to December.

The company set the selling price of crude oil to Northwest Europe at $ 1.30 a barrel, below the price of Brent on the Intercontinental Exchange, and to the United States at $ 2.15, above the index. Ascii.

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