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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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    Experts: OPEC agreement will revive the Iraqi economy

    Rocky
    Rocky
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    Experts: OPEC agreement will revive the Iraqi economy Empty Experts: OPEC agreement will revive the Iraqi economy

    Post by Rocky Sat 23 Jun 2018, 12:28 pm

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    Experts: OPEC agreement will revive the Iraqi economy
    BAGHDAD - Oil expert Hamza al -Jawahri 
    predicted on Saturday that the world oil price exceeded 80 dollars after the recent oil agreement among OPEC members, which will revive the Iraqi economy.
    "The price of oil will rise to about $ 80 per barrel after the agreement among OPEC members on the increase of oil production conditional that the increase will not affect the global production a lot, especially the oil reserves in the United States," Jawahri said in an interview with the Journal News.
    He added that "the agreement provides for the compensation of the market need million barrels can not be increased, and if the share of any country as expected with Iran in the event of the imposition of the embargo can not be exceeded by other countries, the actual increase will not exceed 600 thousand barrels."
    He added that "talk about the loss of Iraq as a result of increased OPEC production is not true that Iraq is one of the beneficiaries of the high prices that will lead to the revival of the local economy and reduce the fiscal deficit in the budget."
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