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Kuwait expects oil prices to $ 58 the end of 2017
Date: 03/25/2017 10:59
Dollar oil
Information / Baghdad ..
Chief Executive Officer predicted in the Kuwaiti company for the manufacture of catalysts Hassan Qabazard, Saturday that oil prices come into contact at the end of 2017 the level of $ 58 a barrel if all Organization of Petroleum Exporting Countries «OPEC» committed themselves and outside the agreement to reduce production.
The news agency quoted the Kuwaiti official Qabazard, who served as head of research at «OPEC» as saying that "in the absence of commitment to countries outside« OPEC »pledges to cut its oil production with the steady increase of the US production, it is possible that prices fall to the level of 40 dollars per barrel. "
Qabazard stressed that "the price of a barrel of oil rate depends on the commitment of the member states of the« OPEC », and non-member agreement to cut production as it's the more commitment to greater prices rose and vice versa." Finished / 25
http://almaalomah.info/2017/03/25/economic/141991
Date: 03/25/2017 10:59
Dollar oil
Information / Baghdad ..
Chief Executive Officer predicted in the Kuwaiti company for the manufacture of catalysts Hassan Qabazard, Saturday that oil prices come into contact at the end of 2017 the level of $ 58 a barrel if all Organization of Petroleum Exporting Countries «OPEC» committed themselves and outside the agreement to reduce production.
The news agency quoted the Kuwaiti official Qabazard, who served as head of research at «OPEC» as saying that "in the absence of commitment to countries outside« OPEC »pledges to cut its oil production with the steady increase of the US production, it is possible that prices fall to the level of 40 dollars per barrel. "
Qabazard stressed that "the price of a barrel of oil rate depends on the commitment of the member states of the« OPEC », and non-member agreement to cut production as it's the more commitment to greater prices rose and vice versa." Finished / 25
http://almaalomah.info/2017/03/25/economic/141991
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