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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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Oil Minister: Prices will rise again and wait for the OPEC meeting at the end of the month

rocky
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Oil Minister: Prices will rise again and wait for the OPEC meeting at the end of the month Empty Oil Minister: Prices will rise again and wait for the OPEC meeting at the end of the month

Post by rocky Mon 03 Jul 2017, 3:37 pm

Oil Minister: Prices will rise again and wait for the OPEC meeting at the end of the month



Editorial date: 2017/7/3


Oil Minister Jabbar al-Luaibi, who is currently in London, said he would wait for the outcome of the next OPEC meeting before announcing his position on whether the organization needed a bigger production cut.
Al-Luaibi said in response to a question on whether the organization needs to cut more than 1.8 million bpd agreed with 11 of its partners.
"There is no movement at the moment and things are going well and in the right direction, I think prices will rise again but let's see the outcome of the meeting," the oil minister told reporters on Monday.
Oil ministers from five countries monitoring the implementation of the cut-off agreement plus Saudi Arabia as OPEC's president are scheduled to meet in Russia on July 24.
The meeting may refer recommendations to a broader group convening a meeting in November to amend the agreement.
Iraq is the second largest producer of oil in the Organization of the Petroleum Exporting Countries [OPEC] after Saudi Arabia.

https://translate.google.com/translate?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://www.alliraqnews.com/modules/news/article.php%3Fstorytopic%3D41%26storyid%3D21752

    Current date/time is Thu 27 Jan 2022, 9:19 pm