yota691 Posted September 4, 2015 Report Share Posted September 4, 2015 Expert: officials statements on increasing Iraq's oil production has led to the deterioration of oil prices in OPEC BAGHDAD / Sky Press: called economic expert Abdul Hassan al-Shammari, Thursday, the government to conclude an agreement with a group OPEC countries to reduce oil production to create a balance between supply and demand in the oil, adding that some politicians "irresponsible" on increasing Iraq's oil production has led to comments the deterioration of oil prices in OPEC. Al-Shammari said for "Sky Press," that "world oil prices trending downward due to increased supply by the OPEC countries, where Saudi Arabia clique that narrowly holds on Iraq and Iran share a day produces about ten and a half million barrels." He added that "some irresponsible politicians, which is against the Iraqi economy on increasing Iraq's oil production to significant levels remarks make a lot of countries increase oil production, which led to oversupply and thus make oil prices and deteriorating continuously." He called the economic expert, the oil ministry to "an agreement with the Organization of Petroleum Exporting countries for the purpose of reducing oil production to create a balance between supply and demand to increase the price of oil." Iraq and many countries in the world is witnessing an economic crisis, as a result of falling oil prices, the global stock market, below $ 48 a barrel, after it was $ 110. Iraq relies, by 85%, on oil as well as Iran and Russia Almtdharran biggest with Iraq in lower prices, as a result, the Iraqi government was forced to announce, an austere operations, in general in the country in an attempt to fill the budget deficit, as well as the government announced Iraq, reducing the Council of Ministers' salaries 50%. Link to comment Share on other sites More sharing options...
Rasica Posted September 4, 2015 Report Share Posted September 4, 2015 No way! It was S. Arabia taking out the petrodollar by continuing to pump oil. SA is aligning with China and fighting the CIA's retaliation mercenaries [al-Qaeda] in Yemen with Egypt, who also just removed the Muslim Brotherhood who is the parent of ISIS, al-Qaeda, al-Nusra, KLA, Hamas ~ all monikers are outfitted by CIA/Mossad. Theses monikers are the mercenary force of the banker's NWO to split up The M.E. Obama has given U.S. taxpayer money to the M. Brotherhood, Obama's brother [Malik] controls their money, one of B. Clinton's protege' has been now arrested, Egypt has an arrest warrant out for Hillarious/Obama. al-Maliki ex PM of Iraq was/is a puppet of the NWO. This is what is going on, the Gorilla in the room the splitting or Syria/Iraq. Turkey is already under M.Brotherhood control ~ but I don't think for long as Morsi of Egypt [his compadre] was just sentenced to death and Erdogan is shaking in his boots trying to put a best face on the situation. Link to comment Share on other sites More sharing options...
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