Expectations of the balance of supply and demand for oil

by **Rocky** Sat Jun 04, 2016 4:10 am

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Expectations of the balance of supply and demand for oil

by Rocky Sat Jun 04, 2016 4:10 am

Expectations of the balance of supply and demand for oil

6/4/2016 0:00

[rtl]With twice the production is traditional in America and Canada
BAGHDAD - Hussein al - Tamimi Tgb
seems to be talking about the continuing uncertainty uncertainty what is happening on the global oil market situation after OPEC 's last meeting on the second of June this has not strayed fact , despite data last few weeks that brought some optimism for producers and lack of concern for advocates of market equilibrium. In a question «morning» theface of international energy expert Mustafa Abdul - Hussein about the possibility of theorganization to do something outside of expectation? Between that through the four held by the organization since the fall in prices in June 2014 meetings was the insistence of the biggest player in the Organization Arabia on maintaining the share of theorganization has come to eat it , but the negative beside him and caused some damage to the economies of producing countries. He pointed out that in contrast, has led to weak oil production unconventional unconventional in the United States and Canada, and thedecline in the number towers operating in the North American continent from 2000 to 316 and may be the organization has gone out of the principles that has dedicated itself since the foundation meeting in Baghdad sixties of the last century . the new policy that have occurred since the last downturn when it did not save the right of producers returns constant steady incomes, as well as enjoy the investment companies in the oil sector Bmrdodat fair capitalism fair return on capital, a new policy Abdul Hussein continued ,and had thus bowed to the will of the rich countries within it to pass the new policy It may be reflected by a negative in the medium and long term perspectives that did not take a strict policy to diversify the economy, as they (ie the policy) are without prejudice to the obligations of market stability, and provide a safe and effective presentation economically and regularly consuming countries and properly without flooding thecurrently prevailing market policy ( to exceed the ceiling of 30 million barrels per day allocated by previous agreements to more than 32 million.) he said he followed all theministerial meeting (after the current session of the falling price reached since June 2014) down surprise producers not pleased because the conservative front on themarket share of the policies of the organization, but it seems that there are temporary factors (production deterioration in both Libya and Nigeria and the economic crisis worsening in Venezuela, as well as the rise is expected to Iranian production and thestability and sustain the growth of Iraq 's production, these are all factors actor currently has lifted shares of state and degrade other values within the organization). He noted that these and other factors may impact in the foreseeable future and possibly run in controlling and maintaining closer to the policy of stability between supply and demand that may Nbulgha end of this year or the middle of next according to many analysts 'expectations. Although Saudi Iranian dispute that seems to be the political motivations have overcome other aspects reformer organization, there is there is what brings optimism to enter Russia on the line of understanding between the producers after theDoha meeting , which seemed positive results despite the lack of a return to January production this year , which combined in the states failed agreement on it. market adjust the predicted Abdul - Hussein said Russia play a role in bringing closer the points ofview two different may benefit its alliance with Iran in more pressure on Saudi Arabia, and perhaps to participate in the formulation of new policies to front - producing countries, the matter is subject to the new dynamic of the fact that available to theorganization strongly and successfully for me conventional oil arm , which has become anightmare worries organization that had enjoyed alone in the market adjust and guide thetracks had not intervened last for some time, noting that despite the above , but it can not count on the sudden change in market policies and balances during or remote meeting. fearsome courses and between the Saudi Arabia has adopted a long - oil self policy in harmony with the plans for the next twenty years to build a new economic policy within the vision finally put forward in the not to rely on oil as the only source of income (and that is what should be followed from the beginning of all member producers to avoid frightening courses for the price and not to confront disasters rentier economy to protect Output local and national multi - source), it is important not to bow to the rest of the Organization for policy rentier states and not to weaken against the big guys policies where the use of these economy - sheet to weaken the rest of the partners, so there areobjective conditions for the protection of the interests of its citizens and make them vulnerable to fluctuations the market. We can say that Vienna meeting on the second of this month was not a duplicate of the three previous meetings since the price drop in June 2014, but may exhibit a successful signals from the Doha meeting the existence of a new global conditions will not allow the defeat of the producers, and that there aremany papers can be used to protect their interests and ensure safe and profitable flow crude and reach the required balance in accordance with the principles proclaimed theorganization, as sometimes history does not repeat repeating events was the opposite ofwhat some like to say.[/rtl]

[rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=117489
[/rtl]

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Established in 2006 as a Community of Reality

Established in 2006 as a Community of Reality

Expectations of the balance of supply and demand for oil

Expectations of the balance of supply and demand for oil

Expectations of the balance of supply and demand for oil

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