[size=35][size=35]It spread like wildfire.. How was the falsity of Iraq’s approach exposed after the OPEC+ coalition meeting?[/size]
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06-09-2024 | 3 o'clock
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Al-Sumaria News - Economy
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Energy economics expert Anas Al-Hajji points out that the coalition countries resorted to this, due to disagreement over the production capacity of some of them, and the desire to expand it.
This came during a new episode of the “Energy Anasiyat” program, presented by Anas Al-Hajji, on the “X” platform ([You must be registered and logged in to see this link.]Previously), it was published this week under the title “Oil Markets and Decision[You must be registered and logged in to see this link.]+..Why did prices drop?
He explained that countries[You must be registered and logged in to see this link.]+ I decided to extend this matter for a later time, until 2026, but there are very important matters that must be taken into account, especially since these three institutions, one of which is Norwegian, and the other two are American, which may constitute an obstacle in the performance of their work.
Evaluation of countries' production[You must be registered and logged in to see this link.]+
Al-Hajji said that the three Norwegian and American companies, due to the sanctions on some countries, cannot deal with them, as there are sanctions on Venezuela, Iran, and Russia.
He added: "In order to apply the principle of justice, these institutions must evaluate the productive capacity of these countries, but because of the sanctions they cannot, and therefore it is illogical for this to happen, and therefore it was logical to delay the matter until a later time, and perhaps cancel it in the future."
However, according to Al-Hajji, it is clear that the matter has become illogical due to these sanctions, as these companies cannot violate the laws set by their countries or their affiliated federations, by dealing with countries subject to sanctions.
It is noteworthy that the alliance[You must be registered and logged in to see this link.]+ He had approved the target production levels for the next year, 2025, at 39.725 million barrels per day, before applying any voluntary reductions decided by the coalition countries individually, while increasing production.[You must be registered and logged in to see this link.]The target is 300 thousand barrels per day, reaching 3.519 million barrels per day.
During the meeting, the coalition countries confirmed the powers[url=https://www.alsumaria.tv/entity/3406597857/%D8%A7%D9%84%D9%84%D8%AC%D9%86%D8%A9 %D8%A7%D9%84%D9%88%D8%B2%D8%A7%D8%B1%D9%8A%D8%A9 %D8%A7%D9%84%D9%85%D8%B4%D8%AA%D8%B1%D9%83%D8%A9/ar/]Joint Ministerial Committee[/url]To monitor production, to accurately assess global oil markets and production levels, as well as evaluate the level of commitment to the Declaration of Cooperation, which will be held[url=https://www.alsumaria.tv/entity/3406597857/%D8%A7%D9%84%D9%84%D8%AC%D9%86%D8%A9 %D8%A7%D9%84%D9%88%D8%B2%D8%A7%D8%B1%D9%8A%D8%A9 %D8%A7%D9%84%D9%85%D8%B4%D8%AA%D8%B1%D9%83%D8%A9/ar/]Joint Ministerial Committee[/url]Its meetings are held every two months to monitor production.
*This is how the falsity of the trend was exposed[You must be registered and logged in to see this link.]
Energy economics expert, editorial advisor to the specialized energy platform Anas Al-Hajji, said that there are other reasons for the decision to postpone the evaluation of Dole’s production[You must be registered and logged in to see this link.]+, as it is clear that the news that was published two weeks ago was about lack of desire[You must be registered and logged in to see this link.]In extending the reduction agreement it was false.
He pointed out that the news, which was published by the agency[You must be registered and logged in to see this link.], which turned out to be false after approval[You must be registered and logged in to see this link.]On extending the first, second and third cuts, he was saying that the Iraqi Oil Minister answered a question regarding his country’s agreement to reduce production, by saying that[You must be registered and logged in to see this link.]It will not participate in production cuts.
Al-Hajji continued: “It seems that he is a journalist[You must be registered and logged in to see this link.]Either he made a mistake in the translation, or he made a mistake in something else, so consider this answer as decisive[You must be registered and logged in to see this link.]He will not participate in extending the agreement, as there is a difference between reducing production and extending the reduction in existing oil production.”
He added: “The minister spoke about an additional reduction in production, and he did not speak about his country’s refusal to extend the reduction, but this news spread like wildfire, while it is... Fake news, and its falsity is confirmed with approval[You must be registered and logged in to see this link.]On all these extensions during a meeting[You must be registered and logged in to see this link.]+".
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Economy
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06-09-2024 | 3 o'clock
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Al-Sumaria News - Economy
The last OPEC+ alliance meeting, which was held on June 2, witnessed controversy over the use of a number of independent Western companies, with the aim of assessing the production capacity of the alliance’s member states, as a neutral party.
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Energy economics expert Anas Al-Hajji points out that the coalition countries resorted to this, due to disagreement over the production capacity of some of them, and the desire to expand it.
This came during a new episode of the “Energy Anasiyat” program, presented by Anas Al-Hajji, on the “X” platform ([You must be registered and logged in to see this link.]Previously), it was published this week under the title “Oil Markets and Decision[You must be registered and logged in to see this link.]+..Why did prices drop?
He explained that countries[You must be registered and logged in to see this link.]+ I decided to extend this matter for a later time, until 2026, but there are very important matters that must be taken into account, especially since these three institutions, one of which is Norwegian, and the other two are American, which may constitute an obstacle in the performance of their work.
Evaluation of countries' production[You must be registered and logged in to see this link.]+
Al-Hajji said that the three Norwegian and American companies, due to the sanctions on some countries, cannot deal with them, as there are sanctions on Venezuela, Iran, and Russia.
He added: "In order to apply the principle of justice, these institutions must evaluate the productive capacity of these countries, but because of the sanctions they cannot, and therefore it is illogical for this to happen, and therefore it was logical to delay the matter until a later time, and perhaps cancel it in the future."
However, according to Al-Hajji, it is clear that the matter has become illogical due to these sanctions, as these companies cannot violate the laws set by their countries or their affiliated federations, by dealing with countries subject to sanctions.
It is noteworthy that the alliance[You must be registered and logged in to see this link.]+ He had approved the target production levels for the next year, 2025, at 39.725 million barrels per day, before applying any voluntary reductions decided by the coalition countries individually, while increasing production.[You must be registered and logged in to see this link.]The target is 300 thousand barrels per day, reaching 3.519 million barrels per day.
During the meeting, the coalition countries confirmed the powers[url=https://www.alsumaria.tv/entity/3406597857/%D8%A7%D9%84%D9%84%D8%AC%D9%86%D8%A9 %D8%A7%D9%84%D9%88%D8%B2%D8%A7%D8%B1%D9%8A%D8%A9 %D8%A7%D9%84%D9%85%D8%B4%D8%AA%D8%B1%D9%83%D8%A9/ar/]Joint Ministerial Committee[/url]To monitor production, to accurately assess global oil markets and production levels, as well as evaluate the level of commitment to the Declaration of Cooperation, which will be held[url=https://www.alsumaria.tv/entity/3406597857/%D8%A7%D9%84%D9%84%D8%AC%D9%86%D8%A9 %D8%A7%D9%84%D9%88%D8%B2%D8%A7%D8%B1%D9%8A%D8%A9 %D8%A7%D9%84%D9%85%D8%B4%D8%AA%D8%B1%D9%83%D8%A9/ar/]Joint Ministerial Committee[/url]Its meetings are held every two months to monitor production.
*This is how the falsity of the trend was exposed[You must be registered and logged in to see this link.]
Energy economics expert, editorial advisor to the specialized energy platform Anas Al-Hajji, said that there are other reasons for the decision to postpone the evaluation of Dole’s production[You must be registered and logged in to see this link.]+, as it is clear that the news that was published two weeks ago was about lack of desire[You must be registered and logged in to see this link.]In extending the reduction agreement it was false.
He pointed out that the news, which was published by the agency[You must be registered and logged in to see this link.], which turned out to be false after approval[You must be registered and logged in to see this link.]On extending the first, second and third cuts, he was saying that the Iraqi Oil Minister answered a question regarding his country’s agreement to reduce production, by saying that[You must be registered and logged in to see this link.]It will not participate in production cuts.
Al-Hajji continued: “It seems that he is a journalist[You must be registered and logged in to see this link.]Either he made a mistake in the translation, or he made a mistake in something else, so consider this answer as decisive[You must be registered and logged in to see this link.]He will not participate in extending the agreement, as there is a difference between reducing production and extending the reduction in existing oil production.”
He added: “The minister spoke about an additional reduction in production, and he did not speak about his country’s refusal to extend the reduction, but this news spread like wildfire, while it is... Fake news, and its falsity is confirmed with approval[You must be registered and logged in to see this link.]On all these extensions during a meeting[You must be registered and logged in to see this link.]+".
[You must be registered and logged in to see this link.]
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