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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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    Iraqi Oil Minister: We support market support policies

    Rocky
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    • Post n°1

    Iraqi Oil Minister: We support market support policies Empty Iraqi Oil Minister: We support market support policies

    Post by Rocky Sun 25 Sep 2016, 10:51 am

    [ltr]Iraqi Oil Minister: We support market support policies

    Sunday 25-09-2016 | 2:55:01




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    [ltr]Twilight News / said Iraqi Oil Minister Jabbar Luaibi, said that the current economic phase requires from oil-producing countries within OPEC coordination and harmony with each other, in addition to the need for consensus in OPEC and outside to raise the price of a barrel during the next phase to ensure that the interests of the economies of producing countries and prevent productivity formats Last fall in prices.

    He stressed during a meeting with Saudi Arabia station that Iraq supported this policy in cooperation with the brothers first and compatibility with producing countries are generally on a policy that would raise prices.
    It is noteworthy that Iraq currently produces nearly four and a half million barrels per day of production pan in the south and the north, and seeks to reach its production to five million barrels later this year.
    In a related development, Iraq's ambassador to the Organization of the Petroleum Exporting Countries said (OPEC), Falah al-Amiri, said that oil market conditions are the best raw producers from within the organization and outside to reach an agreement to support the market, when they meet in Algeria this week.
    Amiri said he believed that the meeting would be different this time, because the conditions have improved so as to help producers to reach an agreement, in response to a question about the prospects for reaching a deal on oil production.
    It is expected that greets producers inside and outside OPEC agreement on the stabilization of crude production when they meet in Algeria during the period from 26 to 28 September / September after a similar initiative collapsed in the Qatari capital Doha in April / April because of Iran's refusal to restrict the size of its oil production.
    During the forum "Gulf Intelligence" of energy markets in Fujairah, United Arab Emirates al-Amiri, he said that some oil producers have had access to the market share of the best, compared with earlier in the year, though Iran's production is higher than before after the lifting of sanctions on Tehran, which makes a good time to reach an agreement.


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