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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 expects lower demand for its oil next year

rocky
rocky
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 OPEC expects lower demand for its oil next year Empty OPEC expects lower demand for its oil next year

Post by rocky Wed 12 Jul 2017, 8:40 am


OPEC expects lower demand for its oil next year


History of edits:: 2017/7/12


{International: Euphrates News} said the Organization of Petroleum Exporting Countries {OPEC} The global demand for OPEC oil will decline in the next year, at a time when pumping US shale oil producers and rivals others more crude, indicating that the oil market will see a surplus in 2018 despite from production cuts led by OPEC.
In its monthly report on Wednesday, countries of the Organization of the Petroleum Exporting {OPEC expects} that " the world would need 32.2 million barrels per day of crude produced by its members in the next year , a decrease of 60 thousand barrels per day , compared with this year , at a time when competitors pumps more raw. "
OPEC production increased to more than this level despite the agreement led the organization to cut supplies began in January.
In the report , OPEC said that "production increased 393 thousand barrels per day in June to 32.611 million barrels per day , led by a rise in the supply of Nigeria and Libya Almafatyn cut production, as well as Iraq and Saudi Arabia to pump more. Ended

http://alforatnews.com/modules/news/article.php?storyid=146268

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