Saudi Arabia changes the amount of the supply to Europe and the US

In June, supplies of Saudi oil to the United States and Europe will be reduced by about 2 times.

Saudi Arabia changes the amount of the supply to Europe and the US

This was reported by the Bloomberg agency, citing its own sources.

According to media reports, Riyadh took such measures, trying to narrow the gap between overpriced supply and demand collapsed due to a pandemic.

In this regard, Saudi Arabia will reduce supplies to some American and European consumers, even by 60-70%.

In addition, deliveries will be reduced to Asian buyers.