Not exact matches
Initially, while production
volumes were
reduced,
exports continued apace, but the Saudis awoke to that issue.
«This reality will not change even if large
volumes reach tidewater for
export, as the difference in price that existed over the past few years between the inter - national benchmark — Brent Crude — and North America's benchmark — West Texas Intermediate (WTI)-- which did provide a premium for tidewater access over the past few years, has now been
reduced to almost nothing.»
Under the GATT rules, governments in the industrialized world are required to
reduce their «trade - distorting» subsidies by 20 % and to lower
export subsidies by 36 % in value terms and 21 % in
volume terms.
«Now if the tribunal says there is a risk there and there will be one less buyer which may
reduce the milk price they will balance that against a bigger, stronger company, with more clout, greater
volume and more
exports into China,» he said.
The MH4 550 now leads its exhaust gases through a catless downpipe which was built for the
export market which not only increase the sound
volume by a big margin but also
reduce the dynamic pressure in the exhaust system.