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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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OPEC to cap oil production if prices go under USD100

Hkp1
Hkp1
Interacting Investor
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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 20 May 2022, 2:28 am