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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 Secretary General: Oil market balance will accelerate in the second half

rocky
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OPEC Secretary General: Oil market balance will accelerate in the second half Empty OPEC Secretary General: Oil market balance will accelerate in the second half

Post by rocky Sun 23 Jul 2017, 2:36 pm

OPEC Secretary General: Oil market balance will accelerate in the second half

OPEC Secretary-General Mohamed Barkindo
 
Arab and international
Economy News Baghdad:

OPEC's secretary-general Mohamed Barkindo said on Sunday that the oil market balance was moving slower than expected but would accelerate in the second half of the year.

"We are sure that the process of restoring balance may go at a slower pace than expected but it is moving forward, which is expected to accelerate in the second half," Barkindo told reporters in the Russian city of St Petersburg.

Barkindo pointed to the strong growth in demand for oil and the commitment to the global agreement between OPEC and outside countries to reduce production in addition to the decline in stocks in the United States as reasons for the expected acceleration in restoring the balance of the market.

http://economy-news.net/content.php?id=8367

    Current date/time is Fri 28 Jan 2022, 2:48 am