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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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OPEC countries earn $ 75 million a day production cut agreem

rocky
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OPEC countries earn $ 75 million a day production cut agreem Empty OPEC countries earn $ 75 million a day production cut agreem

Post by rocky Thu 25 May 2017, 3:38 am

OPEC countries earn $ 75 million a day production cut agreement


25/05/2017


The International Energy Agency, said on Wednesday, the members of the Organization "OPEC" countries over the past two quarters earned 75 million dollars a day, thanks to the recovery of oil prices in world markets.


A graph published by "Bloomberg" economic based on the data of the International Energy Agency that Iran was more winners cut production agreement, which received additional revenues during the fourth quarter of last year, the first of this year and the quarter by about $ 15 million a day.

While, oil agreement returned to Saudi Arabia, the largest oil producer in the "OPEC", during the same period by about $ 12.3 million a day, followed in third place, Iraq, additional revenues estimated at 10.3 million dollars a day.


Oil prices have been rising since the end of last November, then members of the Organization "OPEC" countries and some independent producers agreed to reduce the volume of production by 1.8 million barrels per day to support the faltering prices.


This increased oil prices during the past two quarters from the record of $ 45.23 a barrel blend "Brent" on November 29 to $ 50.60 a barrel on March 31.

http://aletejahtv.org/permalink/165992.html

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