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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


    Former «Sumo» Director: Oil prices will continue to recover during the coming period

    Rocky
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    • Post n°1

    Former «Sumo» Director: Oil prices will continue to recover during the coming period Empty Former «Sumo» Director: Oil prices will continue to recover during the coming period

    Post by Rocky Thu Nov 23, 2017 7:40 am

    [ltr]Former «Sumo» Director: Oil prices will continue to recover during the coming period[/ltr]

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    [ltr]The director of the former oil marketing company "Sumo", Falah Amiri, that oil prices will continue to recover during the remainder of this year and the first quarter of 2018.[/ltr]
    [ltr]"Forecasting oil prices is not easy and always subject to correction as the oil commodity is global and sovereign and is influenced by many political, economic, financial, environmental and security factors," Amiri said on his Facebook page.[/ltr]
    [ltr]He added that "oil prices have risen to good levels in recent days due to factors of supply and demand, mainly the contraction in the global oil reserves, especially US commercial oil reserves due to the continued rise in US crude oil exports to Asia and Europe as well as the oil leak from the Keystone oil pipeline coming from Canada and then In addition to the OPEC ministerial meeting on January 30 in Vienna, where it is expected to be agreed to extend the cooperation agreement between the OPEC countries and independent producers to reduce production until the end of 2018. In addition to the winter began andGeopolitical tensions in the region. "[/ltr]
    [ltr]"In general, OPEC and non-OPEC countries have succeeded in reaching agreement and achieving a high implementation rate of up to 100%," he said.[/ltr]
    [ltr]He explained that "the fundamentals of the world oil markets, especially the current supply and demand and during 2018 indicate at the very least that oil prices will continue to recover during the remainder of this year and the first quarter of 2018," adding that "if the Organization continues OPEC, Outside of OPEC's fruitful cooperation in the commitment to reduce production and weak growth of US and Canadian production and the continuation of political tension and regional conflicts, it will be a strong ground to achieve a better balance between the supply and demand of oil globally and thus reflected positively on oil prices. "[/ltr]


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