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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


OPEC calls on Washington to help curb oil prices

rocky
rocky
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Posts : 229766
Join date : 2012-12-21

OPEC calls on Washington to help curb oil prices Empty OPEC calls on Washington to help curb oil prices

Post by rocky Tue 10 Oct 2017, 12:56 pm

OPEC calls on Washington to help curb oil prices






OPEC calls on Washington to help curb oil prices NB-218245-636432331558532102











Baghdad 
organization called "OPEC", on Tuesday, the US shale oil producers to help reduce global production, thereby contributing to restoring stability to the market. 

Quoted " Russia Today ", from the Secretary General of the Organization " OPEC " Mohammed Barkindo, said : "We appeal to our friends in the rocky basins to North America carry this shared responsibility with all the seriousness it deserves, to production cuts." 

Barkindo warned of "the possibility of the need for extraordinary measures next year to maintain a balanced market in the medium to long term."



  • OPEC calls on Washington to help curb oil prices ArrowSelected2Oil closes lower amid doubts about the ability of producers to cut output



  • OPEC calls on Washington to help curb oil prices ArrowSelected2Oil rises around 1% after OPEC meeting



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"By 2040, oil and other fossil fuels will account for 70 percent of the world's energy basket," Barkindo said during a speech on the sidelines of the Indian Energy Forum in New Delhi. 

While OPEC and some other producers, led by Russia , are cutting production this year in order to support prices, US production has risen by about 10 percent since the beginning of the year, led mainly by oil producers. 

According to him, the organization will hold a meeting with the United States to conclude an agreement to reduce oil production.[/size]



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    Current date/time is Sat 26 Nov 2022, 8:24 pm