Parliamentary oil: the agreement between Russia and Saudi Arabia on production will revive the Iraqi

by **Rocky** Wed 28 Mar 2018, 1:44 am

Rocky: Admin Assist; Posts : 269770
Join date : 2012-12-21

Post n°1

Parliamentary oil: the agreement between Russia and Saudi Arabia on production will revive the Iraqi

by Rocky Wed 28 Mar 2018, 1:44 am

[ltr]Parliamentary oil: the agreement between Russia and Saudi Arabia on production will revive the Iraqi economy[/ltr]
[ltr]Economie[/ltr]
From 2018-03-27 at 19:53 (Baghdad time)
[ltr][You must be registered and logged in to see this image.][/ltr]

[ltr]Special - Mawazine News[/ltr]
[ltr]The Oil and Gas Committee on Tuesday expected oil prices to rise over the next two days after Saudi Arabia and Russia confirmed a long-term agreement to freeze the increase in the oil product.[/ltr]
[ltr]"The determination of Saudi Arabia and Russia, the world's biggest oil exporters, will raise world oil prices significantly," member of the committee, Ariz Abdullah, told Mawazine News.[/ltr]
[ltr]Abdullah added that "the increase in international oil prices reflect positively on the Iraqi economy because it depends on the sale of oil in the provision of budget funds on a basis."[/ltr]
[ltr]"Any increase in the country's financial imports will support the budget, reduce the deficit and increase the cash reserves of the Central Bank of Iraq," Abdullah said.[/ltr]
[ltr]Saudi Crown Prince Prince Mohammed bin Salman disclosed earlier on Tuesday a long-term agreement to work with Russia and other producers in the world oil market.[/ltr]
[ltr]"OPEC is seeking to cooperate with Russia, one of the world's leading oil producers, on oil supply in world markets for a period of 10 to 20 years," Prince Mohammed bin Salman told Reuters in an exclusive interview with Reuters. 29[/ltr]

[ltr][You must be registered and logged in to see this link.]
[/ltr]