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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 to cap oil production if prices go under USD100

    Hkp1
    Hkp1
    Interacting Investor
    Interacting Investor


    Posts : 3118
    Join date : 2012-12-19

    OPEC to cap oil production if prices go under USD100   Empty OPEC to cap oil production if prices go under USD100

    Post by Hkp1 Tue 25 Dec 2012, 11:42 pm

    OPEC to cap oil production if prices go under USD100

    OPEC to cap oil production if prices go under USD100   Img_trnsp
    MENAFN -
    - 25/12/2012




    (MENAFN)
    Rostam Qasemi, Oil Minister of Iran stated that in case oil prices went
    below the USD100 mark, an extraordinary meeting would be set for OPEC
    members, reported Tehran Times.

    On the other hand, Qasemi said that the possibility of oil prices going below USD100 is far fetched for the coming year.

    Qasemi elaborated saying that the extraordinary meeting would be held in order to lower production cap for OPEC members.

    It
    is worth mentioning that OPEC countries include Algeria, Angola,
    Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the
    United Arab Emirates, and Venezuela.




    http://www.menafn.com/menafn/1093592961/OPEC-to-cap-oil-production-if-prices-go-under-USD100

      Current date/time is Fri 03 Feb 2023, 5:17 pm