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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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OPEC cut its forecast for growth and expects higher demand for oil

rocky
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Join date : 2012-12-21

OPEC cut its forecast for growth and expects higher demand for oil Empty OPEC cut its forecast for growth and expects higher demand for oil

Post by rocky Wed 13 Jul 2016, 2:19 am

[ltr]OPEC cut its forecast for growth and expects higher demand for oil[/ltr]

 Since 12/07/2016 15:39 pm (Baghdad time)
[ltr]OPEC cut its forecast for growth and expects higher demand for oil Almaghribtoday-%D8%A7%D9%88%D8%A8%D9%83[/ltr]
[ltr]Scales News - Follow-up[/ltr]
[ltr]OPEC lowered on Tuesday its forecast for global economic growth to 3%, while the expected rise in global demand for oil by 1.19 million barrels per day by 2017.[/ltr]
[ltr]The organization said in a monthly report seen / balances News /, he said, "the potential of the vote in the UK to leave the European Union, the economic impact it is expected that global growth is reduced for 2017 by 3% rather than the previous forecast of about 3.1% of."[/ltr]
[ltr]The report added that "it is expected to drop supplies from outside OPEC larger and by 900,000 barrels instead previous forecast of 100 thousand barrels of due primarily to a decline in oil production from Canada due to forest fires, as well as from the United States."[/ltr]
[ltr]The report noted that "it is expected that demand for OPEC oil rises in 2016, an increase of 1.9 million barrels compared to the previous year, rising it to 0.33 million barrels in 2017," pointing to "the rise in oil prices, the rate of the Organization to $ 45.84 in June an increase of 2.63 from the previous month. "[/ltr]
[ltr]It consists of OPEC basket of 12 crude, a mixture of the Algerian Sahara ore Girassol Angolan Iranian heavy crude and Basrah Light Iraqi and Kuwaiti export Libyan Seder and Bonny Light of Nigeria and sea Qatari Light and Arab Saudi Murban UAE and Mary Venezuelan and OCC from Llacuador.anthy 29/9 P[/ltr]


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