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Neno's Place Established in 2006 as a Community of Reality


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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Oil expert: Washington is working with all its capabilities to isolate energy export areas in the Gu

    Rocky
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    • Post n°1

    Oil expert: Washington is working with all its capabilities to isolate energy export areas in the Gu Empty Oil expert: Washington is working with all its capabilities to isolate energy export areas in the Gu

    Post by Rocky Sun 29 Oct 2023, 2:31 pm

    [size=45][size=41]Oil expert: Washington is working with all its capabilities to isolate energy export areas in the Gulf from the circle of conflict[/size]
     two hours ago
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    Oil expert Hamza Al-Jawahiri attributed the reasons for the steadfastness of global oil prices and their failure to rise to record levels, despite the stormy developments in the Middle East, as well as the Russian-Ukrainian war, to OPEC+ following a policy of balance in the export rate, as well as adopting a fair price between the country producing and importing oil. .
    Al-Jawahiri said in a press interview seen by “Taqaddam” that “it is not in the interest of OPEC+ members to increase global oil selling prices in the long run, especially since they believe that the rate of $90 per barrel is a fair price for all,” pointing out that “any increase in Prices may push some consuming countries to turn towards energy alternatives, including clean energy.”
    Al-Jawahiri explained, “The United States of America and European countries, as well as East Asian countries, all do not want security tensions to affect production and distribution, especially in the Arabian Gulf region, given that 20% of Iraqi oil alone is exported through this region, in addition to 20% of Iraqi oil.” % of global gas supplies are also exported through the Gulf from the State of Qatar.
    He pointed out that “Washington and European countries consider exports through the Gulf waters and the Strait of Hormuz as part of their national security and are using all their capabilities to isolate this region from the conflict.”
    He added, “Any developments or escalation in the war may lead to developments that will cause oil prices to jump beyond the control of any plans, especially since countries rely heavily on fossil fuels more than clean energy, in addition to the decline in strategic reserve rates in many countries.” countries, including America,” noting that “the strategic oil reserve in the United States of America declined to 300 million barrels of oil, while it had previously exceeded 600 million barrels.”
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