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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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    Sumo: The Level Of Iraq's Oil Exports Is Commensurate With The Level Of Global Demand

    Rocky
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    Sumo: The Level Of Iraq's Oil Exports Is Commensurate With The Level Of Global Demand Empty Sumo: The Level Of Iraq's Oil Exports Is Commensurate With The Level Of Global Demand

    Post by Rocky Wed 09 Mar 2022, 2:01 pm

    Sumo: The Level Of Iraq's Oil Exports Is Commensurate With The Level Of Global Demand
    09/03/2022
    31


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    Earth News/ The Oil Marketing Company, "SOMO", announced today, Wednesday, that the level of Iraq's oil exports is commensurate with the level of global demand, and that the programmed increases from OPEC + are sufficient to address any shortage in supplies.
    A company statement received by Earth News stated, "Through continuous and careful follow-up to the developments and changes that the global market is going through today, especially with regard to the balance of global supply and demand for crude oil, Iraq believes that the level of oil exports supplied to the global market (Supply) is commensurate with the level of supply and demand for crude oil." Consumption and global demand (Demand) and that the programmed increases from OPEC + are sufficient to address any shortages that may occur in supplies.”
    It is noteworthy that Iraq has an additional production and export capacity estimated at 6%, but it needs some investments to be able to provide it to the market.

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