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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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OPEC confirms gradual stability in the oil market through 2018

rocky
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 OPEC confirms gradual stability in the oil market through 2018 Empty OPEC confirms gradual stability in the oil market through 2018

Post by rocky Tue 20 Mar 2018, 4:36 am

OPEC confirms gradual stability in the oil market through 2018






2018/03/20 9:56


(Encyclopedia of this day , news | News Iraq ) -
Economynews - Baghdad


The Organization of the Petroleum Exporting Countries (OPEC) Secretary-General Mohamed Barkindo said on Tuesday that the global agreement to reduce oil production will help restore stability to crude markets during 2018.

"We are beginning to see that the stability is gradual, but it is due to the market," Barkindo told Azerbaijani TV channel Raleigh. "The producer countries involved in the agreement are currently focusing on extending the agreement. We are focusing on achieving our goals.

OPEC and other senior oil producers led by Russia agreed last November to extend the cut production agreement to about 1.8 million barrels per day until the end of 2018.

The next meeting of OPEC oil ministers and non-OPEC producers, including Azerbaijan, is scheduled for June 2018. 

Ministers at the meeting may decide to amend the agreement based on market conditions.










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