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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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    Economist expects oil prices to stabilize at $ 65 a barrel by the end of next year

    Rocky
    Rocky
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     Economist expects oil prices to stabilize at $ 65 a barrel by the end of next year Empty Economist expects oil prices to stabilize at $ 65 a barrel by the end of next year

    Post by Rocky Wed 08 Nov 2017, 1:56 pm

    [size=30]Economist expects oil prices to stabilize at $ 65 a barrel by the end of next year[/size]
    08/11/2017 05:23 | Number of readings:
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    Trend Press - Iraq
     
     
     
    Economist Bassem Antoine predicted the rise in oil prices and stability at $ 65 a barrel until the end of 2018. He attributed this to the continuation of the extension period and the seizure of production by Russia and Saudi Arabia, pointing out that these prices will reduce the deficit in the next budget.
    Antoine said in a statement that "high oil prices in the free time is a reflection of the announcement of each of the major producers, such as Russia and Saudi Arabia and their commitment to reduce and control the volume of production until the end of 2018," pointing out that "prices will rise slightly from the current price and will stabilize at $ 65 a barrel Until the end of next year according to market data. "
    He added that "this rise will reflect positively on the financial situation of Iraq and will contribute to reduce the size of the deficit in the budget for 2018 to 15 billion or a little less and thus will avoid the country loans are difficult to pay in the future." C

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