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Neno's Place Established in 2006 as a Community of Reality


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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iraq is committed to its reduced share of oil production

    Rocky
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    • Post n°1

    Iraq is committed to its reduced share of oil production Empty Iraq is committed to its reduced share of oil production

    Post by Rocky Tue 26 Sep 2017, 2:59 am

    [size=30]Iraq is committed to its reduced share of oil production[/size]
    26/09/2017 09:58 | Number of readings:
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    [rtl]Trend Press / Vienna[/rtl]
     
    [rtl]"Iraq is committed to respecting its reduced share of oil production as agreed with the Organization of the Petroleum Exporting Countries and other exporters," Iraqi Oil Minister Jabbar al-Luaibi said Tuesday, adding that "Iraq will support the extension of production cuts.[/rtl]
    [rtl]While Oil Minister Bijan Zanganeh said that OPEC's commitment to the agreement to reduce the production of crude is acceptable, adding that some changes are needed if the producing countries seek to rebalance the market.[/rtl]
    [rtl]"All members should be 100 per cent committed to the production reduction agreement, and the production level of Nigeria and Libya should be taken into consideration," he said.[/rtl]
    [rtl]OPEC ministers meeting in Vienna said they could wait until January before deciding to extend production restrictions aimed at subsidizing prices beyond the first quarter of 2018.[/rtl]
    [rtl]OPEC members and other producers, including Russia, have cut production by 1.8 million bpd since early 2017, helping lift oil prices by 15 percent in the last three months.[/rtl]
    [rtl]OPEC and its allies are considering extending the deal beyond its current deadline at the end of March 2018[/rtl]
     


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