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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Chief Executive Officer of Saudi Aramco: The oil market is heading for a balance and expects high de

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 277455
    Join date : 2012-12-21
    • Post n°1

    Chief Executive Officer of Saudi Aramco: The oil market is heading for a balance and expects high de Empty Chief Executive Officer of Saudi Aramco: The oil market is heading for a balance and expects high de

    Post by Rocky Sun 16 Apr 2017, 1:58 am


    Chief Executive Officer of Saudi Aramco: The oil market is heading for a balance and expects high demand

     New York / Reuters

    Chief Executive Officer of Saudi Aramco Amin Nasser said at a summit of Columbia University Energy weekend that the oil market is heading for a return to balance in the near term and that the demand will grow in the long term, and there is a surplus in the oil market in the short term, stressing that declining supplies to below demand in the coming years.
    Nasser said , " the market position in the future will be on the floor of a more solid and increasingly. However, volatility may continue to become more coherent balance back and take withdrawals from stocks more consistent trend."
    Aramco expects continued demand growth in 2018 and 2019 , and Nasser said he expects continued growth in the following years. Asked whether the market is approaching the peak demand , he said , "I think that peak demand is not in sight."
    Nasser expected high demand for oil and gas with the addition of more cars powered by conventional fuel compared with electric cars in the coming years , even though the emergence of more efficient engines and the use of renewable energy in some ways light transport. Oil prices began to rise from the wave of a two-year decline with the Organization of the Petroleum Exporting Countries to reduce OPEC production this year after an agreement in November , it aims to reduce surplus stocks. And concerns about the US production continues to put pressure on the market.
    Nasser said that the number of drilling rigs operating in the United States for the production of shale oil as well as increasing the pressure on the stocks market.
    Aramco agree on investment projects based on a long - term vision extends for decades and expects continued support demand growth for expansion in refining and marketing in the United States, Asia and other markets. The said Nasser that Asia is already between 60 and 70 percent of exports Aramco Oanzer as a continuous market growth. The company also increases its production of gas and expects to double its reach at 23 billion standard cubic feet per day in the next decade.
    Aramco is preparing to list its shares on the stock market next year and seeks to reach the value of the company to two trillion dollars in what may be the largest IPO in the world.

    http://almadapaper.net/ar/news/528458/%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0%D9%8A-%D9%84%D8%A3%D8%B1%D8%A7%D9%85%D9%83%D9%88%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%AA%D8%AA%D8%AC%D9%87-%D9%84%D9%84
    • Back to top
      Current date/time is Fri 13 Sep 2024, 11:38 pm