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Parliamentary Finance: All forecasts indicate the start of the rise in oil prices in the second half
[ltr] BAGHDAD / justice - 02/12/2015[/ltr]
[ltr]
Said in a parliamentary finance committee member said on Wednesday that all projections indicate that oil prices will begin to rise in the second half of this year.
And between Masood Haider told all of Iraq [where] that "high oil prices will contribute to the support of the Iraqi economy, and in parallel, the Oil Ministry is trying to increase its exports of oil, and therefore there will be a dam for the deficit in the budget is real," he said, adding that "we could have financial surplus makes us support the state institutions form the best. "He added Haider said," All forecasts indicate that in the second half of this year, prices will begin to climb to reach between 65 to 80 dollars per barrel, and this contributes significantly to the support of the Iraqi economy. "The oil minister Mr. Adel Abdul Mahdi predicted a rise in global oil demand and price recovery after marginal producers out from the competition due to their inability to afford the cost after the price falls to lowest level in 6 Snoat.oukal Abdul-Mahdi, in a press release that he "had already predicted the rise in oil prices in world markets after he reached the bottom, "adding that" the drop in prices is not a genuine case, but to stop the fall in prices and the return of its rise, albeit slowly and gradually will depend on the high rates of more than demand, "stressing that" rates will increase demand in global markets
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[ltr] BAGHDAD / justice - 02/12/2015[/ltr]
[ltr]
Said in a parliamentary finance committee member said on Wednesday that all projections indicate that oil prices will begin to rise in the second half of this year.
And between Masood Haider told all of Iraq [where] that "high oil prices will contribute to the support of the Iraqi economy, and in parallel, the Oil Ministry is trying to increase its exports of oil, and therefore there will be a dam for the deficit in the budget is real," he said, adding that "we could have financial surplus makes us support the state institutions form the best. "He added Haider said," All forecasts indicate that in the second half of this year, prices will begin to climb to reach between 65 to 80 dollars per barrel, and this contributes significantly to the support of the Iraqi economy. "The oil minister Mr. Adel Abdul Mahdi predicted a rise in global oil demand and price recovery after marginal producers out from the competition due to their inability to afford the cost after the price falls to lowest level in 6 Snoat.oukal Abdul-Mahdi, in a press release that he "had already predicted the rise in oil prices in world markets after he reached the bottom, "adding that" the drop in prices is not a genuine case, but to stop the fall in prices and the return of its rise, albeit slowly and gradually will depend on the high rates of more than demand, "stressing that" rates will increase demand in global markets
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