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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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    Saudi Arabia and Iran, OPEC overthrew the hopes of reaching a deal in Algeria

    Rocky
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    • Post n°1

    Saudi Arabia and Iran, OPEC overthrew the hopes of reaching a deal in Algeria Empty Saudi Arabia and Iran, OPEC overthrew the hopes of reaching a deal in Algeria

    Post by Rocky Wed 28 Sep 2016, 2:20 am

    Saudi Arabia and Iran, OPEC overthrew the hopes of reaching a deal in Algeria -1
    Saudi Arabia and Iran, OPEC overthrew the hopes of reaching a deal in Algeria


     Reuters / Riyadh-Tehran-Moscow 

    It overthrew the Kingdom of Saudi Arabia and Iran, on Tuesday, hopes of reaching theOrganization of Petroleum Exporting Countries members of the (OPEC) agreement restricts crude production levels this week as sources within the organization said that the differences between Riyadh and Tehran are still great. 
    The Saudi Energy Minister Khalid al - Falih told reporters , "This consultative meeting ... We will be consulting with each other party and we will listen to the views and the secretariat of OPEC and the customers as well. "
    for his part, Iranian oil Minister Bijan Zanganeh said , " It is not a time for making a decision, "he added in reference to the next informal meeting of OPEC to be held in Vienna on thirty November "We will try to reach an agreement to November." 
    OPEC holds informal talks on Wednesday, he will also meet with members with producers from outside theorganization , such as Russia on the sidelines of the international energy Forum , which includes bothproducers and customers. 
    oil prices fell to less than half since 2014 because of oversupply of crude, prompting OPEC producers and their competition on Russia to seek to restore balance to the market so as to enhance oil export revenues and supports their budgets. 
    the idea prevailing since early 2016 between the producers are to agree on restricting production despite the fact that market watchers say that such an action will not reduce the abundance the supply of crude. 
    sources told Reuters last week that Saudi Arabia has offered to reduce their production if Iran agreed to install a production which represents a shift in Riyadh 's position as the UK rejected by the discussion of reducing production. 
    she said three sources of OPEC said that "Iran , which is under production at 3.6 million barrels per day , it insists on its right to the production levels of access to between 4.1 and 4.2 million barrels per day, while you are looking for Gulf members of OPEC to prove produced without four million barrels a day. " 
    he said OPEC source familiar with the discussions" are not expect anything Iran suddenly did not change her mind and agree to install the (production), I do not think they will do. " 
    sources in the Iranian oil sector that Tehran wants to allow it to OPEC produces 12.7 percent of the total volume of pumping the equivalent of what was mined before 2012 , when the European Union to impose additional sanctions on Tehran over its nuclear activities. 
    during the period between 2012 and 2016 increased the Kingdom of Saudi Arabia and other Gulf members ofOPEC production levels to compete for market share with Mrtfie cost producers such as the United States. 
    As a result, Iran believes that the fair share in production must be greater than the size of the pumping now ,which it says should be more than once Tehran signed the new investments with international oil companies, rose Saudi Arabia 's production to 10.7 million bpd from 10.2 million bpd in recent months as a result of thegrowing domestic demand for air cooling in the summer. 
    with Russian energy Minister Alexander Novak said that "Iran believes that the volume of production that they have had before sanctions Adel, was discussed this more than once." 
    dependent economy , Saudi Arabia and Iran heavily on oil but the latter considers that the pressure drop emerges from years of sanctions, and on the other side facing the Riyadh second year of record budget deficits and forced to cut government salaries. 
    However, Falih said he was optimistic about the oil market , despite the fact that the return of balance takes longer than expected. 
    he pointed out that crude stocks , which hit a record high on the global level started to decline , saying that " the pace at which this will happen to them" also depend on the production agreement, if a consensus on a single event in the next few months will be the Kingdom of Saudi Arabia with the consensus. "
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    • Post n°2

    Saudi Arabia and Iran, OPEC overthrew the hopes of reaching a deal in Algeria Empty Iraq seeks to bridge the gap in views between Iran and Saudi Arabia to support oil prices

    Post by Rocky Wed 28 Sep 2016, 3:36 am

    [rtl]

    Iraq seeks to bridge the gap in views between Iran and Saudi Arabia to support oil prices

    [/rtl]
    [rtl]History of edits:: 28.9.2016 8:34 • 52 visits readable[/rtl]
    Saudi Arabia and Iran, OPEC overthrew the hopes of reaching a deal in Algeria Story_img_57eb5654bada1
    [rtl]
    {Baghdad} Euphrates News Iraqi Oil Minister Ali Jabar Luaibi, said Iraq seeks to bridge the gap in views between Iran and Saudi Arabia, to support oil prices.
    And transfer to a ministry statement, received by the agency {Euphrates News}, acopy of it, for Allaibi, saying that "Iraq seeks to bridge the gap in views between Iran and Saudi Arabia, and work to reduce the differences between the two countries , the gap in order to reach a compromise formula between them, and to serve theinterests of oil - producing countries and to support oil market stability and achieve common goals. " 
    He pointed out that," the Iraqi delegation participating in the meetings of theministers of oil in Algeria, have been playing an influential and major role in it, and there are some obstacles that we hope the parties concerned to overcome, where we are all trying to find the best solutions for them for oil market stability and price -support and achieve the desired in the global oil market balance. " 
    It pointed out that, the minister Allaibi" met while attending the Organization ofpetroleum exporting countries ( OPEC ) meeting held on Tuesday in Algeria, anumber of ministers of oil and energy participants, including Algerian energy Minister , and ministers of the Kuwaiti oil, the UAE and Saudi Arabia and Iran, the Venezuelan and Russian, as well as the Secretary General of OPEC. " 
    threw oil minister, according to the statement, addressed the meeting in which hetalked about the challenges and circumstances faced by the Iraqi oil industry ,including, attacks Daesh gangs terrorist attacks on some oil fields in the provinces Nineveh, Salahuddin and Kirkuk, as well as lower oil prices and their impact on theIraqi economy and the ministry 's efforts to promote the oil and gas industry and work to optimize the investment of national wealth. 
    the Allaibi, arrived last Monday, to Algeria to attend the Organization of petroleum exporting countries ( OPEC ) meeting. 
    the ministry spokesman oil , Assem Jihad, said in the tenth of September of this, that "Iraq will attend the meetings of Algeria slated for the end of September / September, and will be represented by Minister of oil Jabar Luaibi , " adding that "Iraq with any decision reached by the producing countries will contribute to raise oil prices." 
    the spokesman for the ministry to that "Iraq has a vision to be discussed with theOPEC countries to support oil prices, and would abide by any decision is in favor ofhigher prices , " noting that "there are conflicting views of the oil - producing countries of OPEC, of which seeks to reduce production and some others see theneed to increase production , ".anthy


    http://alforatnews.com/modules/news/article.php?storyid=128307
    [/rtl]
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    Rocky
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    • Post n°3

    Saudi Arabia and Iran, OPEC overthrew the hopes of reaching a deal in Algeria Empty Iraq seeks to bridge the gap in views between Iran and Saudi Arabia to support oil prices

    Post by Rocky Wed 28 Sep 2016, 3:46 am

    [rtl]

    Iraq seeks to bridge the gap in views between Iran and Saudi Arabia to support oil prices

    [/rtl]
    [rtl]History of edits:: 28.9.2016 8:34 • 55 visits readable[/rtl]
    Saudi Arabia and Iran, OPEC overthrew the hopes of reaching a deal in Algeria Story_img_57eb5654bada1
    [rtl]
    {Baghdad} Euphrates News Iraqi Oil Minister Ali Jabar Luaibi, said Iraq seeks to bridge the gap in views between Iran and Saudi Arabia, to support oil prices.
    And transfer to a ministry statement, received by the agency {Euphrates News}, acopy of it, for Allaibi, saying that "Iraq seeks to bridge the gap in views between Iran and Saudi Arabia, and work to reduce the differences between the two countries , the gap in order to reach a compromise formula between them, and to serve theinterests of oil - producing countries and to support oil market stability and achieve common goals. " 
    He pointed out that," the Iraqi delegation participating in the meetings of theministers of oil in Algeria, have been playing an influential and major role in it, and there are some obstacles that we hope the parties concerned to overcome, where we are all trying to find the best solutions for them for oil market stability and price -support and achieve the desired in the global oil market balance. " 
    It pointed out that, the minister Allaibi" met while attending the Organization ofpetroleum exporting countries ( OPEC ) meeting held on Tuesday in Algeria, anumber of ministers of oil and energy participants, including Algerian energy Minister , and ministers of the Kuwaiti oil, the UAE and Saudi Arabia and Iran, the Venezuelan and Russian, as well as the Secretary General of OPEC. " 
    threw oil minister, according to the statement, addressed the meeting in which hetalked about the challenges and circumstances faced by the Iraqi oil industry ,including, attacks Daesh gangs terrorist attacks on some oil fields in the provinces Nineveh, Salahuddin and Kirkuk, as well as lower oil prices and their impact on theIraqi economy and the ministry 's efforts to promote the oil and gas industry and work to optimize the investment of national wealth. 
    the Allaibi, arrived last Monday, to Algeria to attend the Organization of petroleum exporting countries ( OPEC ) meeting. 
    the ministry spokesman oil , Assem Jihad, said in the tenth of September of this, that "Iraq will attend the meetings of Algeria slated for the end of September / September, and will be represented by Minister of oil Jabar Luaibi , " adding that "Iraq with any decision reached by the producing countries will contribute to raise oil prices." 
    the spokesman for the ministry to that "Iraq has a vision to be discussed with theOPEC countries to support oil prices, and would abide by any decision is in favor ofhigher prices , " noting that "there are conflicting views of the oil - producing countries of OPEC, of which seeks to reduce production and some others see theneed to increase production , ".anthy


    http://alforatnews.com/modules/news/article.php?storyid=128307
    [/rtl]
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    Saudi Arabia and Iran, OPEC overthrew the hopes of reaching a deal in Algeria Empty Re: Saudi Arabia and Iran, OPEC overthrew the hopes of reaching a deal in Algeria

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