Expert: the price of a barrel of oil will rise to $ 60 if successful meeting Algeria
Date: 09/07/2016 08:44
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Information / Baghdad ..
He favored an energy expert Hamza Jeweler, Wednesday, the high price of a barrel of oil to more than $ 60 in the event of the success of the meeting of OPEC countries to be held in Algeria, the end of the month of September.
The jeweler told / information /, "The eyes are directed towards the energy forum to be held in Algeria later this month where he is expected all producing countries out by mutual agreement freezes raise export any country during the present time," adding that "to reach an agreement would raise the price of a barrel of oil to at least $ 60. "
"The rise in oil prices will provide extra money for Iraq contribute to ending the state of austerity and repay foreign debt, especially that Iraq is as much a budget price of $ 35 a barrel."
Russia and Saudi Arabia signed the first Monday on a joint statement requires joint actions in order to achieve stability in the oil market, which suffers from excessive glut in supply. Finished / 25