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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    For the benefit of Saudi Arabia raises oil production again?

    Rocky
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    • Post n°1

    For the benefit of Saudi Arabia raises oil production again? Empty For the benefit of Saudi Arabia raises oil production again?

    Post by Rocky Sun Aug 14, 2016 5:21 am

    [size=30]For the benefit of Saudi Arabia raises oil production again?[/size]
    14/08/2016 10:19 | Number of Views: 207
    font size:  For the benefit of Saudi Arabia raises oil production again? Font_decrease  For the benefit of Saudi Arabia raises oil production again? Font_enlarge
    For the benefit of Saudi Arabia raises oil production again? Thumbnail.php?file=alalam_636064553756145535_25f_4x3_109209684
    Direction Press
    Although Saudi Arabia's economy is based on oil revenues significantly, but it seems that Riyadh insists on keeping prices low, so when the price per barrel rose the Saudi Arabia to raise its oil production to a record level last July, an indication they are still focusing on the stake market rather than solve the problem of oversupply.
    Figures provided by Saudi Arabia for the Organization of Petroleum Exporting Countries "OPEC" and showed that the UK, the largest oil exporter in the Organization, pumped 10.67 million barrels of oil per day in July .. published OPEC these figures in its monthly report on Wednesday, August 10 / August.
    The sources in the Saudi oil industry said in April / April that production will rise in the coming weeks to meet demand for electricity in the summer.
    And increases July production for June, which amounted to 10.55 million barrels per day production .. It is also more than the previous record level reached in June 2015 at 10.56 million barrels per day.
    This comes at a time when it is trying some of the members of the "OPEC" countries, especially Venezuela, which suffers from a severe economic problems, to convince the other producing countries to stabilize production at certain levels to pay low prices to the top.
    It is noteworthy that the oil producing countries of the members and non-members of the Organization "OPEC" has not been able in the Doha meeting on 17 April / April, to reach an agreement on a freeze production because of disagreements within the organization, also failed to "OPEC" members at the meeting last periodic, reach agreement on changing the organization's policy in the field of oil production and installation of the roof of its production.
    The drop in oil prices has hit, Saudi Arabia economic damage, which the Saudi cabinet Monday to pay August 8 / August to raise visa fees and traffic offenses within the initiative submitted by the ministries of finance and economy and planning to enhance revenues in the era of cheap oil.
    The cause falling prices have also since mid-2014 in reducing government revenues and push the kingdom to record a budget deficit boat $ 100 billion last year and paid to search for new ways to increase revenue.
    Source: agencies


    http://aletejahtv.org/index.php/permalink/123530.html
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