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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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    Iraqi expectations of the stability of the oil market until the end of 2018

    Rocky
    Rocky
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     Iraqi expectations of the stability of the oil market until the end of 2018 Empty Iraqi expectations of the stability of the oil market until the end of 2018

    Post by Rocky Tue 23 Jan 2018, 2:34 am

    [size=30]Iraqi expectations of the stability of the oil market until the end of 2018[/size]
    23/01/2018 11:30 | Number of readings: 1
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    [rtl]Trend Press / Baghdad[/rtl]
     
     
    [rtl]Oil Minister Jabbar al-Luaibi expected that " the path of stability of the world oil market will continue until the end of the year in conjunction with the decline in crude stocks . "[/rtl]
     
    [rtl]" The market is moving in the right direction," Al-Allaibi said in a press release . "He is optimistic that a balance will be achieved between the supply and demand of crude oil during the first quarter of 2018, which will boost oil prices globally . "[/rtl]
     
    [rtl]The oil minister said that OPEC's decision to cut oil production is gradually leading to a long-awaited balance of the market .[/rtl]
     
    [rtl]Iraq is the second largest oil exporter in the Organization of " OPEC " .[/rtl]
     
    [rtl]Al-Allaibi pointed to the decline of global crude stocks to an acceptable level, pointing to the positive indicators in terms of prices, and expressed the hope that the oil market will improve significantly this year .[/rtl]
     
    [rtl]Al- Liibi 's remarks coincide with the announcement of the signing of an agreement between the Iraqi government, represented by the Ministry of Oil, with the American company "Orion Jazz", for the project to process gas extracted from the Ben-Ammar oil field and turn it into usable fuel .[/rtl]



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