Promised to pay 36 billion dollars to the people from King Abdullah
Saudi king hands and hearts to quell the anger game People

King lastnight announced 36 billion dollars to the people of this country for granted will quench their anger.

Quoted by British newspaper The Telegraph, "King Abdullah" Wednesday night announced 36 billion dollars in additional benefits to their people to stop the wave of unrest has spread in this country and gives Meanwhile, experts have warned that Brent oil prices could $ 220 double barrel, ie the current value is reached.

According to the report, depending on the Saudi king to support 18 million people came down with the Saudis and the average increase in salary, unemployment benefits and affordability of housing offers.

Saudi government has promised that by the end of four hundred billion dollars in 2014 to improve education, health and infrastructure will cost Arabia.

"Charles Robertson," one of the analysts Center "Renaissance Capital", said that investors of what might happen in the oil-rich Eastern Province of Saudi Arabia are concerned here occur gathering place for the Shia minority in the country. Saudi Arabia 11.6 percent of the world"s oil but produces much more than that for such exports.

He stressed: a potential capacity for serious tensions not only between the Saudi Shiite population there. Severe unemployment and increasing youth population means that unrest could spread across the country. If Saudi Arabia takes on the unrest will have serious problems.

Kingdom of Bahrain, Saudi Arabia, which is neighboring to release 250 political prisoners and suggested dialogue with the hope of those protests have provided quell unrest.

On the other hand, "Michael Lu" is a strategist says: "If Algeria and Libya to stop its oil production might be $ 220 barrel of oil control.

Commodity team "Namvra" emphasized that the closure of oil production in Libya and Algeria international exports 2.9 million barrels per day to reduce storage capacity of OPEC and also leads to 2.1 million each day that this will be reduced starting from the Persian Gulf War can be are compared.

New news from the oil market suggests that oil price per barrel of Brent North with an increase of $ 8 to U.S. $ 119.8 reached in trading today.

Sources because of the price increase due to continued unrest and Libya cut oil exports flow to Europe this country knew.

1.6 million barrels a day in Libya, which is extracted from the main Italian and Libyan oil customer of more than 523 thousand barrels daily of oil from Libya will buy.

Also in Germany, France and Spain, respectively 210 and 137 and 104 thousand barrels of oil daily are Libya