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Oil expert: Iraq's invitation for a meeting of OPEC on prices necessary
Baghdad / Zahra al-Jassem
Description oil expert invited Prime Minister Haider al - Abadi Organization of Petroleum Exporting Countries OPEC to convene a new meeting to discuss a reduction in oil production, as "necessary, the fact that prices did not currently live up to the required levels, where it was expected to rise above $ 60 per barrel.
Prime Minister Haider al - Abadi , launched a call for the first Tuesday after the weekly cabinet meeting, adding that the price per barrel is still below the required to fill the state budget deficit level, and that Iraq needs to be an oil price of 60 dollars per barrel in order to fill Aladz.oukal expert in the field of oil Durgham Muhammad Ali in an interview (range) that the "call - Abadi for the OPEC meeting for the lack of improvement in prices is necessary," following up: the price of crude oil Barometer supply compared to the actual need of the market at the present time , which raises the reduction of the supply of oil agreement producing countries to adjust prices, which did not achieved according to the agreement between OPEC and producers Foreigha.oukal Ali: prices remained below the required level, which brings the need for a second agreement between the OPEC countries with further cuts , or that are a return to the quota system. Mstrsla: so the invitation of Iraq 's OPEC meeting to find a new cut of production is correct, the fact that prices did not currently live up to the required levels, after it had been expected to rise above $ 60 but this did not materialize as the need calls for a new meeting to determine the most serious mechanisms to regulate oil supply.
Prime Minister Haider al - Abadi , launched a call for the first Tuesday after the weekly cabinet meeting, adding that the price per barrel is still below the required to fill the state budget deficit level, and that Iraq needs to be an oil price of 60 dollars per barrel in order to fill Aladz.oukal expert in the field of oil Durgham Muhammad Ali in an interview (range) that the "call - Abadi for the OPEC meeting for the lack of improvement in prices is necessary," following up: the price of crude oil Barometer supply compared to the actual need of the market at the present time , which raises the reduction of the supply of oil agreement producing countries to adjust prices, which did not achieved according to the agreement between OPEC and producers Foreigha.oukal Ali: prices remained below the required level, which brings the need for a second agreement between the OPEC countries with further cuts , or that are a return to the quota system. Mstrsla: so the invitation of Iraq 's OPEC meeting to find a new cut of production is correct, the fact that prices did not currently live up to the required levels, after it had been expected to rise above $ 60 but this did not materialize as the need calls for a new meeting to determine the most serious mechanisms to regulate oil supply.
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