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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


OPEC cut output at its next meeting

rocky
rocky
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Posts : 225678
Join date : 2012-12-21

OPEC cut output at its next meeting Empty OPEC cut output at its next meeting

Post by rocky Sun 02 Dec 2018, 1:17 am

OPEC cut output at its next meeting


OPEC cut output at its next meeting 11563

The oil markets are waiting for a meeting of the OPEC and other producers on Thursday and Friday at the headquarters of the Organization in the Austrian capital Vienna, to decide on the reduction of crude production or not in 2019, where ends in December the current agreement to reduce oil production between members of the Organization and independent producers, It began in early 2017.
The OPEC meeting is overshadowed by an oversupply of markets after their stability thanks to OPEC's agreement to cut crude output by 1.8 million bpd.
"If OPEC and other Russian-led producers agree, supplies will be reduced by between 1.4 million and 1.4 million bpd," the source said.
"OPEC's crude oil production has risen to record levels after production by Saudi Arabia and the UAE, as well as the Russian-led independents," the sources said, noting that all speculation suggests OPEC and producer output will be cut by 1.4 million bpd.
Since early October, most standard raw materials have lost about a third of their market value as the market has been hit by signs of oversupply, with production in the United States, Russia and OPEC increasing as the emerging global warming problem worsens. "He said.
Prices have fallen about 22% since the beginning of November, heading towards their biggest monthly loss since the peak of the global financial crisis in 2008.

rocky
rocky
NNP TEAM
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Posts : 225678
Join date : 2012-12-21

OPEC cut output at its next meeting Empty OPEC cut production at its next meeting

Post by rocky Sun 02 Dec 2018, 1:32 am

OPEC cut output at its next meeting Opec-660x330



OPEC cut production at its next meeting

The oil markets are waiting for a meeting of the OPEC and other producers on Thursday and Friday at the headquarters of the Organization in the Austrian capital Vienna, to decide on the reduction of crude production or not in 2019, where ends in December the current agreement to reduce oil production between members of the Organization and independent producers, It began in early 2017.
The OPEC meeting is overshadowed by an oversupply of markets after their stability thanks to OPEC's agreement to cut crude output by 1.8 million bpd.
"If OPEC and other Russian-led producers agree, supplies will be reduced by between 1.4 million and 1.4 million bpd," the source said.
"OPEC's crude oil production has risen to record levels after production by Saudi Arabia and the UAE, as well as the Russian-led independents," the sources said, noting that all speculation suggests OPEC and producer output will be cut by 1.4 million bpd.
Since early October, most standard raw materials have lost about a third of their market value as the market has been hit by signs of oversupply, with production in the United States, Russia and OPEC increasing as the emerging global warming problem worsens. "He said.
Prices have fallen about 22% since the beginning of November, heading towards their biggest monthly loss since the peak of the global financial crisis in 2008.
http://www.aljournal.com/%D8%AE%D9%81%D8%B6-%D8%A7%D9%84%D8%A7%D9%86%D8%AA%D8%A7%D8%AC-%D8%AE%D9%8A%D8%A7%D8%B1-%D8%A7%D9%88%D8%A8%D9%83-%D9%81%D9%8A-%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9%D9%87%D8%A7-%D8%A7%D9%84%D9%85/

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