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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    KUWAIT: Oil contracts with the United States remain

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 267081
    Join date : 2012-12-21

    KUWAIT: Oil contracts with the United States remain Empty KUWAIT: Oil contracts with the United States remain

    Post by Rocky Tue 02 Oct 2018, 2:16 am

    KUWAIT: Oil contracts with the United States remain
    KUWAIT: Oil contracts with the United States remain Irq_1030667807_1538460928
    Follow - up / ... said Kuwait Petroleum Corporation, said that the oil contracts of Kuwait with US markets "remain as one of the important strategic markets.
    The report pointed out that the reports issued by some economic publications on the decline of Kuwaiti crude oil exports to the US market and the analyzes included are "inaccurate reports and do not explain the repercussions of the low rate of exports between the two countries."
    Kuwait has switched its route from the United States to the most attractive Asian market, which accounts for 80 percent of Kuwait's oil exports, the first time the United States has stopped buying oil from Kuwait since 1990, Bloomberg reported earlier on Monday. .
    The statement, which was quoted by Kuwait News Agency, that the recent developments in the rates of production of US crude oil, has transformed the US market from the market of imported crude oil to the market exported to various countries of the world.
    US oil exports exceeded 2 million barrels per day, according to the US Energy Agency.
    The statement said that some of the reports referred to "lack of analysis of economic and logistical reasons accurately, nor did it explain the radical changes in the movement of oil markets, and increases in the volume of projects of Kuwaiti refineries."
    Kuwait's oil production currently stands at about 2.8 million barrels per day, with its commitment to OPEC plans to maintain market stability.
    The KPC statement said that the mentioned reductions of Kuwaiti crude oil exports were coordinated in a programmed manner with their customers in the US and European markets according to the common strategic interests and commensurate with the specificity of the contracts concluded with their customers around the world.


    http://aynaliraqnews.com/index.php?aa=news&id22=105887

      Current date/time is Fri 29 Mar 2024, 2:50 am