Prince Abdulaziz
| Use attributes for filter ! | |
| Length | 147 m |
|---|---|
| Builder | Elsinore Shipyard and Machine Construction |
| Did you know | Prince Abdulaziz is the eighth-longest motor yacht in the world at 147 m (482 ft). |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1282154 |
About Prince Abdulaziz
Prince Abdulaziz is one of the royal yachts of the Saudi royal family and is among the largest motor yachts in the world.
Global oil prices surge to 10-month high
... Saudi Arabia s Energy Minister Prince Abdulaziz bin Salman defended Opec+ s moves to restrict supply on Monday, saying energy markets needed light-handed regulation to limit volatility, Related Topics...
Oil production to drop after Opec+ nations meet
... On Sunday, Saudi Energy Minister Prince Abdulaziz bin Salman said the cut of one million bpd could be extended beyond July if needed...
Saudi Crown Prince Mohammed bin Salman named prime minister
... A third, Prince Abdulaziz bin Salman, remains in the key role of energy minister in the world s biggest oil exporter...
Neom: What's the green truth behind a planned eco-city in the Saudi desert?
... The energy minister Prince Abdulaziz bin Salman the Saudis wouldn t stop pumping: " We are still going to be the last man standing, and every molecule of hydrocarbon will come out...
Oil prices rise after attacks on Saudi facilities
... energy Minister Prince Abdulaziz bin Salman, said some of the traps would be in production by tapping on huge storage facilities...
Saudi-oil-attacks: Iran condemns US 'deception', according to charge
... energy Minister Prince Abdulaziz bin Salman, said some of the traps would be in production by tapping on huge storage facilities...
Saudi Arabia oil and gas production reduced by drone strikes
... energy Minister Prince Abdulaziz bin Salman, said that strikes crude oil production had reduced to 5...
Oil production to drop after Opec+ nations meet
By Jemma DempseyBBC News
Oil-producing countries have agreed to continued cuts in production in a bid to shore up flagging prices.
Saudi Arabia said it would make cuts of A Million barrels per day (bpd) In July and Opec+ said targets would drop by a further 1. 4 million bpd from 2024.
Opec+ accounts for around 40% of The World 's Crude Oil and its decisions can have a major impact on oil prices.
last month, according to the RAC.
The seven hour-long meeting of the oil-rich nations, led by Russia, came amid a backdrop of falling prices and an over-supply of the commodity.
Total production cuts, which Opec+ has undertaken Since October 2022, reached 3. 66 million bpd, according to Russian Deputy Prime Minister Alexander Novak .
Opec+, a formulation which refers to the Organisation of Petroleum Exporting Countries and its allies, had already agreed to cut production by two million bpd, about 2% of global demand.
" The result of the discussions was the extension of The Deal until The End of 2024, " Mr Novak said.
'A Saudi lollipop'In April, it also agreed a surprise voluntary cut of 1. 6 million bpd which took effect in May, a move that briefly saw an increase in prices but failed to bring about a lasting recovery.
On Sunday, Saudi Energy Minister Prince Abdulaziz bin Salman said The Cut of one million bpd could be extended beyond July if needed. " This is a Saudi lollipop, " He Said , in what is seen as a bid to stabilise The Market .
Oil producers are grappling with falling prices and high Market Volatility amid The Russian invasion of Ukraine.
The West has accused Opec of manipulating prices and undermining the global economy through High Energy costs, according to Reuters. It has also accused The Group of siding with Russia despite sanctions over The Invasion of Ukraine.
In response, Opec insiders have said The West 's Monetary Policy over the Last Decade has driven inflation and forced oil-producing nations to act to maintain the value of their main export.
Related TopicsSource of news: bbc.com
