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What is Iraq's connection? An economist diagnoses the reasons for the "pessimistic" expectations regarding oil prices in the coming months
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Economy News - Baghdad
[rtl]Financial expert, Aqbal Jabr Al-Muhammadawi, explained today, Wednesday, the reasons for the expectations that confirm the decline in oil prices in the coming months to $60, while he touched on Iraq’s position.[/rtl]
[rtl]Al-Muhammadawi said in an interview with Al-Eqtisad News, "The return of the oil price fluctuations crisis in global markets with the importance of expectations and predictions regarding the expected decline in oil prices in the coming months according to the Citigroup Bank memorandum to $60 per barrel based on intellectual foundations and experiences in diagnosis, analysis, forming scenarios, estimates of building oil prices and studying the market."[/rtl]
[rtl]He added: "It is clear that the atypical changes in geopolitical variables and other external factors affecting oil prices are being ignored, as well as the repercussions of market dynamics that keep pace with global, objective and realistic changes and developments."[/rtl]
[rtl]He continued: "One of its most important results is obstructing Iraq's path following in the footsteps of Venezuela, Ecuador and others, due to reasons of vigilance, shock, and the return of realistic awareness and sound systematic thinking to form economic and financial decisions according to realistic and objective economic methodological foundations."[/rtl]
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Added 09/25/2024 - 1:06 PM
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Economy News - Baghdad
[rtl]Financial expert, Aqbal Jabr Al-Muhammadawi, explained today, Wednesday, the reasons for the expectations that confirm the decline in oil prices in the coming months to $60, while he touched on Iraq’s position.[/rtl]
[rtl]Al-Muhammadawi said in an interview with Al-Eqtisad News, "The return of the oil price fluctuations crisis in global markets with the importance of expectations and predictions regarding the expected decline in oil prices in the coming months according to the Citigroup Bank memorandum to $60 per barrel based on intellectual foundations and experiences in diagnosis, analysis, forming scenarios, estimates of building oil prices and studying the market."[/rtl]
[rtl]He added: "It is clear that the atypical changes in geopolitical variables and other external factors affecting oil prices are being ignored, as well as the repercussions of market dynamics that keep pace with global, objective and realistic changes and developments."[/rtl]
[rtl]He continued: "One of its most important results is obstructing Iraq's path following in the footsteps of Venezuela, Ecuador and others, due to reasons of vigilance, shock, and the return of realistic awareness and sound systematic thinking to form economic and financial decisions according to realistic and objective economic methodological foundations."[/rtl]
87 views
Added 09/25/2024 - 1:06 PM
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