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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

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


    Allaibi: Oil prices will recover in 2018

    Rocky
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    • Post n°1

    Allaibi: Oil prices will recover in 2018 Empty Allaibi: Oil prices will recover in 2018

    Post by Rocky Sat 03 Jun 2017, 1:55 am

    Allaibi: Oil prices will recover in 2018

     

    06/03/2017 0:00

    Examine the possibility of deepening cut production
    St. Petersburg / Agencies
    Oil Minister Jabbar Allaibi that oil prices will recover in 2018, in the light of the extension of "OPEC" countries agreement and Foreigha.oukal Allaibi in a dialogue with the agency "Sputnik" on the sidelines of the St. Petersburg International Economic Forum: "I hope this helps to stabilize the market, I think that prices will recover next year , "he said , adding that OPEC was ready to intervene if oil prices fell sharply.
    It is noteworthy that "OPEC" and outside the countries reached at the meeting, on November 30, an agreement to reduce the size of its oil production by about 1.8 million barrels per day, starting from the beginning of the year 2017, 32.5 million barrels per day, while countries agreed from outside the organization the total size of the reduction of oil production 558 thousand barrels per day, of which 300 thousand barrels from Russia.
    In the same context , quoted by Tass news agency quoted the Saudi Energy Minister Khaled al - Faleh was quoted as saying on Friday: The participants in the Global Compact to cut oil production could study the possibility of deepening cuts in the month of November, and came al - Faleh 's remarks during an economic forum in St. Petersburg.
    For his part , said Russian Deputy Prime Minister Arkady Dvorkovich that he did not believe that the global agreement to cut oil production will change if crude prices fell.
    Dvorkovich said "Reuters" on the sidelines of the World Economic Forum in St. Petersburg , "If prices fell I do not think we will amend the agreement."
    The agreement was concluded until the first half of this year , with the possibility of extension, and on 25 May last, the agreement was extended for an additional nine months until the end of March next year.
    The St. Petersburg International Economic Forum, a leading global arena for meetings between businessmen and discuss key economic issues and the forum held
    this year, during the period from 1 to 3 - June.

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