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Parliamentary Committee: The coming days will see a slight rise in oil prices due to increased dema

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rocky
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Parliamentary Committee: The coming days will see a slight rise in oil prices due to increased dema

Post by rocky on Wed 13 Sep 2017, 3:15 am

[size=30]Parliamentary Committee: The coming days will see a slight rise in oil prices due to increased demand[/size]
13/09/2017 09:22 | Number of readings:
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[rtl]Trend Press / Continue[/rtl]
[rtl]The Oil and Energy Committee of the parliamentary, Wednesday, the rise in oil prices in the coming few days as a result of increasing demand on world markets, indicating that oil prices are still below the level of ambition.[/rtl]
 
[rtl] "The price of oil is still low and below the level of economic ambition of Iraq, which means continuation of the financial crisis in the country," said Jamal Ahmed, a member of the committee.[/rtl]
 
[rtl] He added that "the coming days will see a slight increase in prices up to about $ 55 per barrel after the increasing demand during the winter."[/rtl]
 
[rtl]Ahmed said that "the stability of oil prices linked to several factors, notably the reduction of production and recovery of markets in industrialized countries to increase the demand for oil product."[/rtl]



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