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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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An emergency meeting of energy ministers in "OPEC" to discuss the collapse of the oil market

rocky
rocky
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An emergency meeting of energy ministers in "OPEC" to discuss the collapse of the oil market Empty An emergency meeting of energy ministers in "OPEC" to discuss the collapse of the oil market

Post by rocky Tue 21 Apr 2020, 2:10 pm


An emergency meeting of energy ministers in "OPEC" to discuss the collapse of the oil market

18:17 - 04/21/2020



An emergency meeting of energy ministers in "OPEC" to discuss the collapse of the oil market %D8%A7%D9%88%D8%A8%D9%83-1-696x435
Information / follow-up ..
Some ministers of the Organization of Petroleum Exporting Countries (OPEC) will hold a conference on Tuesday to discuss developments in the oil market, according to Reuters.
The agency quoted a source as saying that the ministers are discussing the implementation of oil production cuts immediately and not starting from May 1.
The meeting came after US crude futures for May delivery fell below zero, for the first time ever.
The oil markets are witnessing severe pressures and fluctuations in light of the decline in global demand for crude due to the spread of the Corona virus and the measures taken to limit its spread.
To support the markets, the OPEC + group agreed to cut production by 10 million barrels per day in May and June of 2020, meaning that the cuts have not yet come into effect. 25 h has ended



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