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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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    Iraq welcomes the Saudi Arabia-Russia agreement and sees it as a "victory" for OPEC

    Rocky
    Rocky
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    Iraq welcomes the Saudi Arabia-Russia agreement and sees it as a "victory" for OPEC Empty Iraq welcomes the Saudi Arabia-Russia agreement and sees it as a "victory" for OPEC

    Post by Rocky Fri 10 Apr 2020, 2:18 am

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    04/20/2020 10:26:52

    Shafaq News / The Iraqi government welcomed on Thursday the agreement reached by Saudi Arabia and Rorsa to reduce crude oil production, usually a "victory" for OPEC.
    The advisor to the Prime Minister, Mazhar Muhammad Salih Shafaq News, said that the oil agreement between Saudi Arabia and Russia, which included reducing production to ten million barrels per day within the APOC organization, is considered a victory for the organization after the recent crisis and the drop in oil prices to the lowest level.
    He added that "this agreement will revive the global market, as it is more deliberate on oil," expecting that the price of a barrel of oil within Brent crude will reach 45 - 50 dollars during the coming days.
    Saleh added that Iraq supports and supports this agreement and asks OPEC members to maintain the level of production and export of crude oil to avoid any further crisis in the future.
    Saudi Arabia and Russia reached an agreement earlier in the day that would lead to a significant reduction in oil production. According to Reuters.
    A senior Russian source said that Russia and Saudi Arabia have removed the main obstacles to agreeing new cuts to oil production.
    Reuters indicated that Brent oil prices rose by $ 3 a barrel after the start of the OPEC conference and other oil exporters.


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