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An oil expert warns: Iraq will be greatly affected by the drop in oil
- Time: 01/12/2021 13:51:32
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{Economist: Al Furat News} The oil expert, Hamza Al-Jawahiri, warned, on Wednesday, of the impact of Iraq on the decline in oil, pointing out that OPEC and OPEC Plus had to pay attention to the warnings of US President Joe Biden
Al-Jawahiri said in an interview with {Euphrates News} that "the United States released large quantities of oil stocks, nearly 50 million barrels, as well as other countries to curb the rise in oil prices in the country."
He added, "The OPEC countries were supposed to restore oil production to its previous era, and the reason for this decline is the industrial countries' use of their stocks in the main, not the Corona pandemic and its fourth wave."
He added, "Iraq will be greatly affected by this decline, and OPEC and OPEC Plus had to pay attention to the warnings of US President Joe Biden."
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{Economist: Al Furat News} The oil expert, Hamza Al-Jawahiri, warned, on Wednesday, of the impact of Iraq on the decline in oil, pointing out that OPEC and OPEC Plus had to pay attention to the warnings of US President Joe Biden
Al-Jawahiri said in an interview with {Euphrates News} that "the United States released large quantities of oil stocks, nearly 50 million barrels, as well as other countries to curb the rise in oil prices in the country."
He added, "The OPEC countries were supposed to restore oil production to its previous era, and the reason for this decline is the industrial countries' use of their stocks in the main, not the Corona pandemic and its fourth wave."
He added, "Iraq will be greatly affected by this decline, and OPEC and OPEC Plus had to pay attention to the warnings of US President Joe Biden."
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