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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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    Allaibi confirms that the producers commitment decision to cut oil production is an important facto

    Rocky
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     Allaibi confirms that the producers commitment decision to cut oil production is an important facto Empty Allaibi confirms that the producers commitment decision to cut oil production is an important facto

    Post by Rocky Thu 08 Dec 2016, 2:48 am

    [size=30]Allaibi confirms that the producers commitment decision to cut oil production is an important factor for the stability of the market[/size]
    08/12/2016 09:14 | Number of Views: 20
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    Direction Press / Baghdad 
     
    Through oil minister Jabbar Ali Hussein Allaibi hoped the stability of the oil market during the first half of next year, noting that "the commitment of producers decision to cut oil production would be an important factor for the stability of the market." 


    The oil minister said in a statement, received "direction Press" a copy of it today, that "Iraq will take part in the organization of meetings with producers from abroad in Vienna next Saturday," he said, adding "the decision of OPEC to cut oil production in response producing countries outside of OPEC's decision reduction an important step that will control the oil supply glut in the global market in the coming period and contribute to the increase in oil prices gradually. "
     

    He Allaibi that "the commitment of all oil-producing countries from inside and outside the organization reduction decision will be important and weighty factor in stabilizing the oil market to achieve common goals.

     

    And that "Iraq has been and is still working on the oil Astaqraralsouk and maintain the unity of OPEC and shared responsibility for the producers require at this stage to develop effective solutions for the recovery of prices and the stability of the oil market."



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