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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

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    Oil Announces export 592 million barrels during the first half of this year

    Rocky
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    Oil Announces export 592 million barrels during the first half of this year Empty Oil Announces export 592 million barrels during the first half of this year

    Post by Rocky Mon 11 Jul 2016, 3:01 am

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    Oil Announces export 592 million barrels during the first half of this year


     Baghdad / term 

    The Oil Ministry announced, on Sunday, that the total oil exports for the first half of the year 2016 amounted to 592 million barrels, noting that 34 international companies bought Iraqi crude oil, while the International Energy Agency warned of the increasing world dependence on Middle East oil, and noted The decline in crude prices has increased the global demand has made ​​major Middle Eastern producer 's share of the oil market swells. 
    showed tables published by the ministry 's State oil Marketing Organisation (SOMO) that, that the total oil exports for the first half of 2016 amounted to 592 million and 56 thousand barrels, and Monthly export rate of 98 million and 76 thousand barrels a rate of three million and 292 thousand barrels per day. And amounted torevenue from crude oil sales of 17 billion and $ 694 million and an average of 2.949 billion dollars , the price of a monthly sale average of 31 dollars and 32 cents. 
    The SOMO to tables that 34 international companies from different Asian, European and American multinational Iraqi oil bought. Global oil prices had fallen to below $ 60 per barrel, which had a negative impact on the budgets of oil producing and especially Iraq states that its budget relies 95% on oil exports. 
    In a related development , the International Energy Agency warned of the increasing world dependence on Middle East oil, noting that the decline in crude prices has increased the global demand has made ​​major Middle East producers , the largest share of the oil market than it was. Chief executive, said Fatih Birol , the agency said in an interview seen by the "long", that there is an exaggeration to increase reserves and production from North America and do not reflect reality , a continuation of more and more on Middle East oil dependence. 
    The main news economically in the world is to increase reserves in America to exceed Saudi Arabia 'sreserves, Russia and become the world 's largest. 
    advises the international energy agency for development and cooperation ( OECD ) countries (leading industrial nations) on energy policies and is the opposite of the Organization of petroleum Exporting represented the interests of consumers. 
    Birol said that Saudi Arabia and Iraq share of the oil market is getting closer than it was in power supply crisis Sbaenja.oodhav that demand for Middle East producers of oil has risen in the past two years with falling prices and their continued production in exchange for some producers stopped oil high cost in America, Canada and Brazil. 
    according to international energy agency figures the share of Middle East oil - producing countries , 34 of theglobal energy market, the highest rate since 1975 , while the share of the region from the global energy market to 36 percent. 
    in 1985, with the increase in oil production heavily from the North Sea, the share of the Middle East countries were relegated from the world oil market to 19 percent only. 
    it produces states of the region about 30 million barrels a day, the agency expects to increase with theincrease in demand for the region 's oil in the next two years. 
    He warned Birol that lower prices hurt efforts to reduce dependence on polluting energy, pointing to increased acquisition of big cars consuming more gasoline in the United States more than doubled in the last two years. 
    the rate of increase in big cars in China four times in that period.
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