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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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    Financial Times questioned the feasibility of reducing oil production and prepared by the "fireworks

    rocky
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    • Post n°1

    Financial Times questioned the feasibility of reducing oil production and prepared by the "fireworks Empty Financial Times questioned the feasibility of reducing oil production and prepared by the "fireworks

    Post by rocky Sun 08 Jan 2017, 3:47 am


    Financial Times questioned the feasibility of reducing oil production and prepared by the "fireworks" for OPEC

    Saturday January 7, 2017 09:18
    Financial Times questioned the feasibility of reducing oil production and prepared by the "fireworks NB-191288-636193668058460447
    News / Baghdad 
    The Financial Times reported in its edition on Saturday, an analysis of the David Shepherd saw him that what he calls the Organization of Petroleum Exporting Countries Games (OPEC) began to dissipate before the fireworks "stings" the harsh reality and the givens.
    The writer says that the oil began in the first week of 2017 Pferqah ended to moan, having finished "fireworks" of the organization that has dominated the last quarter of last year, to the rock of reality that is focused on control Did the oil rally something good its promise to reduce oil production .


    • Financial Times questioned the feasibility of reducing oil production and prepared by the "fireworks ArrowSelected2Oil prices fall in world markets



    • Financial Times questioned the feasibility of reducing oil production and prepared by the "fireworks ArrowSelected2Iraq begins to cut oil production in line with OPEC's decision





    It shows that Brent crude touched its highest level in 18 months, the arrival of the price per barrel to $ 58 in the first day of trading in the market, but there are a few new buyers after the rise in prices by more than 30 percent during the last six months of 2016, after agreement OPEC on the first reduction of production since 2008.
    The report cites Michael Tran, director of global energy strategy at Royal Bank of Canada as saying that "The market is looking for evidence of commitment (reduction), and recovery may be slow and steady out of here."
    The report says that until yesterday closed slightly lower prices during the week about $ 56.75 a barrel, with buyers warned of the possibility that prices jump with the market still dumped surplus production.
    After Brent crude reached its lowest price during the 13 years beginning in 2016, he returned to recover in the end by 50 percent within 12 months of volatile trading.
    Prices rose after the spread of forecasts from OPEC countries reached an agreement to Boukqd production.
    Author of the report and believes that Saudi Arabia, which is leading the OPEC showed by agreeing in November 30 to reduce production, it can reduce production more to maintain the balance of the market after two years of low oil prices, which greatly affected the budget and led to cutbacks and wide across the oil industry.
    The report predicts commitment to the Gulf states, including Kuwait and the United Arab Emirates, about the cuts scheduled, but doubts remain about how the application of Iraq, the second largest oil producer in OPEC for these cuts.
    The report concludes that everybody's eyes will still be closely watching the US shale oil industry in 2017 to verify that the recovery in oil prices do you activate a new shale oil sector again, as in the period in which the price of a barrel of oil reached $ 100 between 2011 and 2014 .

    http://www.alsumaria.tv/news/191288/%D8%A7%D9%84%D9%81%D8%A7%D9%8A%D9%86%D9%86%D8%B4%D8%A7%D9%84-%D8%AA%D8%A7%D9%8A%D9%85%D8%B2-%D8%AA%D8%B4%D9%83%D9%83-%D8%A8%D8%AC%D8%AF%D9%88%D9%89-%D8%AA%D8%AE%D9%81%D9%8A%D8%B6-%D8%A5%D9%86%D8%AA%D8%A7%D8%AC-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%88%D8%AA%D8%B9%D8%AF/ar
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