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This content was published the November 26, 2018 12:29
Rania El Gamal
DHAHRAN, Saudi Arabia (Reuters) – Saudi Arabia has resisted stealthy steel in November, an industrial source has said Monday that the US government has pressured its resignation. OPEC puts the pumping at the meeting next week.
The source said Saudi oil production reached 11.1 million barrels per day (bpd) at 11.3 million bpd in November, the average November average volume is not clear until the end of the month.
These levels are about 0.5 million bpd, a 0.5% increase in global demand of October and 1 million bpd, more than the volume at the beginning of October and 2018, along with Riyadh production and OPEC partners.
Saudi Arabia decided in June to pursue a sharp upward trend in oil production, prompting the United States and India consumer demand, prices to cool, and a shortage of supply following the imposition of sanctions imposed by the government by Donald Trump.
But the measure proves that the production against Riyadh was smaller than the one predicted by Washington in Tehran. The remaining surpluses and Friday prices fell from the $ 60 drop in the $ 60 drop in the beginning of October at $ 85.
Saudi oil industry sources have indicated that prices are more than $ 70. This month, Saudi Energy Minister said the global supply of crude could require more than a million bpd of 2019, which would require OPEC intervention.
OPEP will discuss an agreement that will minimize the production that complies next week, but Trump said that Saudi Arabia would cut its pumping again.
On Monday, Trump congratulated the drop in the price of cars and the decline in the large fiscal decline of the US economy, saying "It's so high that" oil prices are falling "(G).
(Reporting to Rania El Gamal, published by Janisse Huambachano in Spanish)