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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Oil recovers after the insistence of OPEC to cut production plan .. and Oman confirms glut the marke

    Rocky
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    • Post n°1

    Oil recovers after the insistence of OPEC to cut production plan .. and Oman confirms glut the marke Empty Oil recovers after the insistence of OPEC to cut production plan .. and Oman confirms glut the marke

    Post by Rocky Tue 08 Nov 2016, 2:36 am

    Oil recovers after the insistence of OPEC to cut production plan .. and Oman confirms glut the marke 519598
    Oil recovers after the insistence of OPEC to cut production plan .. and Oman confirms glut the market about supply


     Reuters / New York-Amman-Tehran 

    Oil prices rose more than one percent on Monday, driven by a statement from theproducers in OPEC , which they emphasized the organization 's commitment to the agreement in September / September to cut production to strengthen prices. 
    By 0746 GMT , the global London Brent crude 46.12 dollars a barrel , up 54 cents , or 1.18 percent from itsprevious close. 
    rose WTI 61 cents or 1.38 percent to $ 44.68. 
    the Secretary - General of OPEC, said that " the organization is committed to the agreement in Algiers to reduce production." Said Mohammed Barkindo told reporters at a conference in Abu Dhabi , "We in OPEC remain committed to the Algiers Agreement." 
    Despite this question many analysts in OPEC 's ability to cut output format. 
    He said Morgan Stanley that "doubts in OPEC 's ability to implement the Algiers Agreement justified .. (but) OPEC is able to move the market the remarks. " 
    said Barclays that the agreement between the producers on how to reduce production is almost nonexistent. 
    the recovery after sharp losses last week as Brent inn, last Friday, to $ 45.08, the lowest level since August 11 , while raw log US 43.57 dollars, the lowest since September 20. 
    for her part, the Sultanate of Oman, " the oil market is still oversupplied." 
    the Minister of oil and gas of Oman Mohammed bin Hamad Al Romhi during an oil conference in Abu Dhabi that he "believes that the main problem still exists and is in pumping excessive amounts of the need in themarket. " 
    the minister expressed his concern and optimism at the same time , saying that" the market may have hit bottom, but he said he did not know how long the market at the bottom. " 
    he added that he was " looking forward to the talks between producers in the Organization of Petroleumexporting countries (OPEC) and outside about how to support the markets. " 
    the Sultanate of Oman little is a member of the Oopk- among the countries that attended a meeting at theexpert level with OPEC in the twenty - ninth of October / October in Vienna -almentj. in 
    turn quoted by Mehr news agency Iranian official unnamed source saying that "Egyptian oil Minister Tariq Mulla visited Tehran, on Monday, for a meeting with his Iranian counterpart." 
    he said the Iranian official , in an interview with the semi - official agency , "Egyptian oil Minister Tariq Mulla met with Iranian oil Minister Bijan Zanganeh .. . the two sides discussed the expansion of trade in crude oil. " 
    the Egyptian minister told Reuters in Abu Dhabi that he would not go to Iran after the close of theaccompanying Reuters delegation sources said, last Sunday evening, Mullah on his way to Tehran, and later ,two sources Security Officers and another said facilities Mullah delegation that the Egyptian minister was scheduled to visit but is now likely to postpone the visit after a shot to the news.
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