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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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    Expert: Voluntary reduction of oil-producing countries will open fire on the US economy

    Rocky
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    • Post n°1

    Expert: Voluntary reduction of oil-producing countries will open fire on the US economy Empty Expert: Voluntary reduction of oil-producing countries will open fire on the US economy

    Post by Rocky Thu 27 Apr 2023, 7:22 am

    [size=52]Expert: Voluntary reduction of oil-producing countries will open fire on the US economy[/size]
    • Today 14:36




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    Information / Baghdad .. 
    Oil expert, Hamza Al-Jawahiri, predicted, on Thursday, a rise in oil prices immediately after the announcement of the voluntary reduction of the producing countries, indicating that OPEC Plus knows that the confrontation with America will not end through this reduction. 
    Al-Jawahiri said, in a statement to Al-Maalouma, that “what is currently happening in terms of fluctuation in oil prices is a confrontation between OPEC Plus and America,” noting that “this confrontation will not end, as the latter is preparing for the real confrontation that will begin in a few days.” 
    He added, “America is currently seeking to reduce oil prices by pumping large quantities of strategic oil reserves that it has into the markets, while OPEC has sought to keep prices within the range of $80 through the voluntary reduction of one million and 660 thousand barrels.” per day, which will start as of the first of March.” next May.” 
     He pointed out that "the reduction will eventually lead to a major blow to the US economy, and that amount cannot be compensated by any authorized party." End / 25 m
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