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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: OPEC's decision to keep output will be extended or canceled next year

rocky
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Oil: OPEC's decision to keep output will be extended or canceled next year Empty Oil: OPEC's decision to keep output will be extended or canceled next year

Post by rocky Sun 24 Sep 2017, 5:12 am

Oil: OPEC's decision to keep output will be extended or canceled next year %D8%A7%D9%84%D9%86%D9%81%D8%B7-1


Oil: OPEC's decision to keep output will be extended or canceled next year


The Organization of the Petroleum Exporting Countries (OPEC) has decided to delay its decision to reduce crude oil output, the Oil Ministry said Sunday.
"OPEC's decision does not have any negative impact on Iraq," ministry spokesman Asim Jihad said in a statement. "OPEC decisions are in the interest of producing countries, including Iraq, because they have raised oil prices from $ 30 to more than $ 50 per barrel the one".
 He pointed out that OPEC will meet in January but will make its decision in March, whether to extend the agreement or dispense with it, pointing out that its decision depends on the nature of the oil market.
For his part, said the specialist in the management of state institutions in crises of Harvard University US "Ali Fureiji" in a press statement that the failure of the Organization of Petroleum Exporting Countries (OPEC) or other oil producers to decide to produce oil until January on whether to extend their agreement to reduce Of oil production in its meeting last Friday, pointing out that this decision is a concern for the global market, which began to recover relatively relative to the rates of increase in the last three months, which will be reflected negatively on the oil countries, which affected the decline in oil prices, including Iraq.


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