Saudi Arabia's ADDITIONAL output cuts fuel oil price rally
rt.com | 2020-05-11
Crude prices reversed early trading losses and finally advanced on Monday as Saudi Arabia ordered its state oil giant to slash production by 1 million barrels per day in addition to cuts agreed to by the OPEC+ deal. | Futures for US oil rose over one percent, with West Texas Intermediate (WTI) for June delivery trading above $25 a barrel after losing three and a half percent in earlier action. Global benchmark Brent jumped 0.4 percent to more than $31 per barrel amid choppy trading, before erasing most of the gains. | The moves in the oil market come as Saudi Arabia, which was hit hard by low prices for the co…
rt.com/business/488362-oil-rallies-saudi-cuts/
SA reportedly to cut oil production in June
en.mehrnews.com | 2020-05-11
TEHRAN, May 11 (MNA) –Saudi Arabia reportedly is planning to cut oil production in June by extra 1 million barrels per day.
en.mehrnews.com/news/158594/SA-reportedly-to-cut-oil-production-in-June
Aljazeera's news anchor says he receives death threats from Saudis
en.mehrnews.com | 2020-05-11
TEHRAN, May 11 (MNA)
WHO Halts Activities in Houthis-Controlled Areas in Yemen
telesurenglish.net | 2020-05-10
The World Health Organization (WHO) halted Saturday its activities in Yemen's areas controlled by the Houthis in order to pressure the group "to be more transparent about suspected coronavirus cases," Reuters reported Sunday. | RELATED: | COVID-19 Will Spread Easily Across Yemen, WHO Warns | An order was sent to staff in Sanaa, the Red Sea port of Hodeidah, the northern province of Saada, and the central province of Ibb, to stop "all movements, meetings, or any other activity," until further not…
telesurenglish.net/news/WHO-Halts-Activities-in-Houthis-Controlled-Areas-in-Yemen-20200510-0010.html
WHO Halts Activities in Houthis-Controlled Areas in Yemen
telesurenglish.net | 2020-05-10
The World Health Organization (WHO) halted Saturday its activities in Yemen's areas controlled by the Houthis in order to pressure the group "to be more transparent about suspected coronavirus cases," Reuters reported Sunday. | RELATED: | COVID-19 Will Spread Easily Across Yemen, WHO Warns | An order was sent to staff in Sanaa, the Red Sea port of Hodeidah, the northern province of Saada, and the central province of Ibb, to stop "all movements, meetings, or any other activity," until further not…
telesurenglish.net/news/WHO-Halts-Activities-in-Houthis-Controlled-Areas-in-Yemen-20200510-0010.html
As COVID-19 Grips Yemen, Saudi Warplanes Target Trucks Laden with Medical Supplies
Ahmed Abdulkareem | mintpressnews.com | 2020-05-08
The UN has warned that a shocking 16 million Yemenis are at risk of contracting the coronavirus, dealing a whopping blow to what it has already described as the world's worst humanitarian crisis.
mintpressnews.com/covid-19-grips-yemen-saudi-arbaia-target-trucks-laden-medical-supplies/267334/
Yemen's Civil War Now Has Three Sides
Staff | therealnews.com | 2020-05-06
The Southern Transitional Council wants the city of Aden to secede, the Saudi coalition is breaking up, and the Houthis say they weren't informed of the US-brokered ceasefire.
therealnews.com/stories/yemen-civil-war-three-sides-aden-saudi-coalition-ceasefire-houthis
Is Trump Kicking the Saudis to the Curb the Beginning of Something Not Terrible?
Tom Luongo | iranian.com | 2020-05-08
More than anything else in Saudi Arabia, that thing you smell is fear. Everything is coming unglued for the royal family there all at once. If we all weren't so distracted by the Coronapocalypse these things would all be front-page news. In the past week there have been three major stories concerning Saudi Arabia, none …
iranian.com/2020/05/07/is-trump-kicking-the-saudis-to-the-curb-the-beginning-of-something-not-terrible/
Saudi Arabia Suspends Handouts to Citizens and Triples VAT Payments Amid Oil Price Slump
sputniknews.com | 2020-05-11
More than half of Saudi Arabia's pubic revenues depend on income from oil-related activities. However, the price of the precious recourse has dropped significantly since the start of the year as global demand for oil has plummeted by 30% amid the ongoing coronavirus pandemic, prompting petro-dependent states to undertake austerity measures.
sputniknews.com/middleeast/202005111079269198-saudi-arabia-suspends-handouts-to-citizens-and-triples-vat-payments-amid-oil-price-slump/
Saudi Arabia Reportedly Plans to Cut Oil Production in June by Extra 1 Mln Barrels per Day
sputniknews.com | 2020-05-11
According to the April deal, OPEC+ nations will cut production by 9.7 million barrels per day from May-June. Output will be reduced by 7.7 million barrels from July until the end of 2020, and by 5.8 million barrels per day from January 2021 to April 2022.
sputniknews.com/business/202005111079270618-saudi-arabia-reportedly-plans-to-cut-oil-production-in-june-by-extra-1-mln-barrels-per-day-/