The Spokesman For The Oil Company Confirms that the Low Price of Oil Derivatives Linked to the Aggression’s Commitment not to Obstruct Ships
The official spokesman for the Oil Company, Essam Al-Mutawakil, explained, Tuesday, that if the aggression stops preventing the arrival of ships to the port, the delay fines will be canceled and, accordingly, the price of sales of derivatives in the liberated areas will drop significantly and will be reflected on everything .He pointed out that this talk concerns ships that will come in Later and not the four detained ships that incurred demurrage fines for being detained some time ago.
Al-Mutawakil said, “When the ships that follow the four detained ships arrive, and if the aggression adheres to what it pledged in accordance with the armistice not to obstruct it, the price of derivatives in the liberated areas will be much lower than it is in the occupied areas and the lowest at the level of the Republic, and it will be subject to the price of the international stock exchange.”
He pointed out that the Kingdom of Saudi Arabia sells oil to its people from internal refineries for 46.60 riyals, or approximately 7,000 Yemeni riyals, and it is a country that does not need external transportation, insurance, delay fines, or other things.