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A speech from Al-Kazemi’s financial advisor regarding fluctuations in oil prices
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Economy News - Baghdad
Adviser to the Prime Minister for Financial and Economic Affairs Mazhar Muhammad Salih attributed the fluctuation of crude oil prices to several reasons, one of which is the decline in the global industrial sector.
Saleh said in an interview with "Al-Furat News", which was followed by "Al-Iqtisad News", that "the fluctuation of oil prices has decreased during the recent period, and it has a number of reasons, most notably the continuation of the Russian-Ukrainian war, and the other is the decline of the global industrial sector."
He added, "In the whole world, we find there is a decline in global industries and economies that depend on oil as their main source of energy, so this decline will not be permanent and will not return to those levels that were in the past."
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Economy News - Baghdad
Adviser to the Prime Minister for Financial and Economic Affairs Mazhar Muhammad Salih attributed the fluctuation of crude oil prices to several reasons, one of which is the decline in the global industrial sector.
Saleh said in an interview with "Al-Furat News", which was followed by "Al-Iqtisad News", that "the fluctuation of oil prices has decreased during the recent period, and it has a number of reasons, most notably the continuation of the Russian-Ukrainian war, and the other is the decline of the global industrial sector."
He added, "In the whole world, we find there is a decline in global industries and economies that depend on oil as their main source of energy, so this decline will not be permanent and will not return to those levels that were in the past."
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