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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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    An economist confirms the possibility of Iraq entering the field of investment in oil derivatives

    Rocky
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    An economist confirms the possibility of Iraq entering the field of investment in oil derivatives Empty An economist confirms the possibility of Iraq entering the field of investment in oil derivatives

    Post by Rocky Tue 04 Jun 2024, 5:07 am

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    [size=52]An economist confirms the possibility of Iraq entering the field of investment in oil derivatives[/size]
    • Today 10:15

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    Information / Baghdad...
    The economic expert, Safwan Qusay, confirmed on Tuesday the possibility of Iraq entering the field of investing in oil derivatives and delivering its derivatives to various countries of the world and avoiding any fluctuation in global oil prices.

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    Qusay told Al-Maalouma, “Iraq has the potential to reach self-sufficiency in fuel, especially gasoline, and shift to investing in the management of oil derivatives at the storage level.”
    He added, "The shift to the aforementioned investment guarantees Iraq a realized revenue, so that in the event of a decline in global oil prices, Iraq can invest in the available stock of derivatives with the aim of not reflecting price fluctuations on import operations and thus ensuring that the oil products marketing company is not harmed."
    He pointed out that "achieving self-sufficiency in fuel and the shift towards investment and export of derivatives requires the development of oil refineries and the establishment of new refineries that guarantee Iraq's shift towards investment and export of derivatives." Ended 25 n

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