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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


3 posters

    OPEC predicts the return of the price of oil to $ 80 by 2020

    day dreamer
    day dreamer
    Interacting Investor
    Interacting Investor


    Posts : 3197
    Join date : 2012-12-19

    OPEC predicts the return of the price of oil to $ 80 by 2020  Empty OPEC predicts the return of the price of oil to $ 80 by 2020

    Post by day dreamer Thu 17 Sep 2015, 1:59 pm

    OPEC predicts the return of the price of oil to $ 80 by 2020    <------ Thumbs Down Spy

    [ltr]2015/9/17 21:41[/ltr]
    [ltr]OPEC predicts the return of the price of oil to $ 80 by 2020  Story_img_55fb09578851c

      [Baghdad-where] 
    -alarac Member, were that the organization expects the rise in crude oil prices to no more than five dollars per year for up to $ 80 a barrel by 2020, with a slowdown in the growth of the production of countries outside pace sources in OPEC said is not enough to get rid of the current glut in the market.

     The sources said that the figures came in an updated report on the strategy in the medium term was discussed this week by representatives of the countries of the Organization in Vienna but not ratified yet fully OPEC ministers.
    The report is expected to decline in non-OPEC production by about a million barrels a day by 2017 from previous estimates to 58.2 million barrels per day. 
    But one of the sources said that even if the markets began in balance again because the low prices hurt producers with the high cost of the outside, it is unlikely that prices back to more than $ 100 a barrel before 2030-2040. 
    And the time of the 2030 contract until 2040 will be the first period in which OPEC's share of the global market rise to 40 percent from 33 percent currently.
    It is said that Iraq is the second-largest crude exporter among OPEC, which produces about 40% of the world production depends largely on the financial budget on crude revenues countries.
    The Ministry of Finance estimated in the draft 2016 budget law $ 59 billion and equivalent to 83% of the revenues of the federal budget on the basis of export 3.6 million barrels at a price of $ 45 a Brmel.anthy




    http://translate.google.com/translate?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.alliraqnews.com/

    [/ltr]
    [ltr][/ltr]
    wciappetta
    wciappetta
    NNP TEAM
    NNP TEAM


    Posts : 5283
    Join date : 2012-12-20

    OPEC predicts the return of the price of oil to $ 80 by 2020  Empty Re: OPEC predicts the return of the price of oil to $ 80 by 2020

    Post by wciappetta Thu 17 Sep 2015, 4:14 pm

    depends on how dicey it gets in Syria....


    _________________
    In the beginning was the Word, and the Word was with God, and the Word was God.... For from His fullness, we have all received and grace upon grace. For the Law was given through Moses; grace and truth came through Jesus Christ. No one has ever yet seen God. The only begotten God, the One being in the bosom of the Father, He has made Him known. - Berean Literal Bible
    Neno
    Neno
    Admin
    Admin


    Posts : 10948
    Join date : 2012-12-17
    Age : 60
    Location : Lone Star State

    OPEC predicts the return of the price of oil to $ 80 by 2020  Empty Re: OPEC predicts the return of the price of oil to $ 80 by 2020

    Post by Neno Thu 17 Sep 2015, 4:29 pm

    Still to high....lol

    Sponsored content


    OPEC predicts the return of the price of oil to $ 80 by 2020  Empty Re: OPEC predicts the return of the price of oil to $ 80 by 2020

    Post by Sponsored content


      Current date/time is Thu 28 Mar 2024, 6:02 pm