Photo: Maxim Shemetov / Reuters
Last week the oil supplies from Saudi Arabia in the U.S. increased by almost one million barrels per day to 1.6 million, the Financial Times reports, citing data from the Department of energy.
The situation, according to the Director of consulting firm Energy Aspects Amrita sen (Sen Amrita), is that the country has arrived “Armada” of ships from the Kingdom.
According to some analysts, oil production in the U.S. has declined from 13 million barrels per day to 10 million. However, even these are not sufficient to raise prices for acceptable oil shale industry level — above $ 50 per barrel. The growth of oil supplies from abroad has led to an increase in commercial stocks and, as consequence, to renewed pressure on oil prices.
Earlier it was reported that due to problems with storage and smaller vessels to supertankers from Saudi Arabia has become more difficult to unload oil in the United States. In the usual time, they sent seven supertankers, and in April was 18. In April, the daily supply of oil from Saudi Arabia to the United States rose four times compared with the February level.
Video, photo All from Russia.