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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 "agree to extend production cut 9 months and Iraq complies with the visions of top producers

rocky
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OPEC "agree to extend production cut 9 months and Iraq complies with the visions of top producers Empty OPEC "agree to extend production cut 9 months and Iraq complies with the visions of top producers

Post by rocky Sat 27 May 2017, 2:05 am

OPEC "agree to extend production cut 9 months and Iraq complies with the visions of top producers




Agreed to the Organization of Petroleum Exporting Countries "OPEC", the end of the week to extend a cut in oil production for nine additional months, where the ministerial meeting approved 172 of the Organization in the Austrian capital Vienna, the D-reduction period to the post-June to end in March, members of the "OPEC" 2018.obdo the independent producers, earlier this year officially cut production by about 1.8 million barrels per day, for a period of 6 months ending next June, in a bid to restore stability to the markets Alinvt.okhtoh reduce current production, has not yet affect inventory levels, according to estimates of members of the "OPEC ".otani crude oil prices from a sharp decline in nearly two years, down From $ 120 a barrel mid-2014 to around $ 54 at the current time, prompting oil producers around the world to take steps to enhance revenues Alnaftyh.aly that confirmed a spokesman for the Oil Ministry, Assem Jihad, in a press statement that Iraq is compatible visions with oil producers in OPEC and beyond, noting that the new agreement will raise revenues producers and reduce the glut in Alsoq.oodhav Jihad that "Iraq has played an important role in reducing oil production agreement, which was the beginning of the Algiers conference and also considered one of the member countries of the task within the Organization of petroleum Exporting countries, which has played an important role in reaching an agreement on that between the AOP members Producing countries from outside the organization. "In the same vein, delegates OPEC announced that producers from outside the organization led by Russia agreed to join OPEC in the extension of crude production cuts for a period of nine months until March 2018.ogery agreed that the size of the reduction of the compound of the Organization of Petroleum Exporting Countries production (OPEC) and independent producers around 1.8 million barrels per day, and delegates said that the next meeting of OPEC and independent producers will be held on 30 November.


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