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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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"OPEC" denies manipulation of oil prices

rocky
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"OPEC" denies manipulation of oil prices Empty "OPEC" denies manipulation of oil prices

Post by rocky Mon 11 Feb 2019, 3:25 pm

"OPEC" denies manipulation of oil prices
"OPEC" denies manipulation of oil prices Irq_1795392925_1549890775
OPEC Secretary-General Mohamed Barkindo denied that OPEC is manipulating oil prices at a time when the Organization is leading production cuts to strike a balance between supply and demand in the markets.
In response to a question on the adoption of a bill in the US House of Representatives a bill aimed at reducing the supply of oil, "OPEC," Barkindo said on the sidelines of the Conference of the energy sector in Cairo, on Monday, "Our work is not manipulation of prices, so it is unfair to accuse us."
A bill in the US House of Representatives approved last Thursday, the draft law, which will introduce the Organization "OPEC" for lawsuits on charges of monopoly, but it is not sure if the Council will be considered by the whole.
In the oil markets, prices stabilized during the day, despite the growing US drilling activities, and fears of demand for crude due to the slow progress in the US-China trade talks.
At 0945 GMT, global crude was trading at $ 62.13 per barrel, without a change from the previous closing price of only 3 cents, while West Texas Intermediate crude was down 27 Cents to $ 52.45 a barrel. Finished


http://aynaliraqnews.com/index.php?aa=news&id22=113687

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