Iraqi Prime Minister Adel Abdul Mahdi received a phone call from Saudi Crown Prince Mohammed bin Salman.

[6ly410]

 

2019/09/05 21:56

 

Abdul-Mahdi and bin Salman stress the importance of joint coordination to achieve stability in oil markets

http://almasalah.com/ar/news/177871/عبد-المهدي-وبن-سلمان-يؤكدان-أهمية-التنسيق-المشترك-بما-يحقق-الاستقرار-في-أسواق-النفط

 

BAGHDAD / Obelisk: Saudi Crown Prince Mohammed bin Salman on Thursday discussed with Iraqi Prime Minister Adel Abdul Mahdi the establishment of stability in the oil markets.

According to the agency "SPA" Saudi news agency that bin Salman held a telephone conversation with Abdul-Mahdi, discussed the "relations between the two countries and aspects of bilateral cooperation, and also stressed the importance of joint coordination to achieve stability in oil markets."

 

[Laid Back]

Comment from Adam yesterday 

 

“On to Dinar!

 

I'll start with the basics. OIL has flattened out around $56. This is key to the coming weeks, where HCL is expected to be a key topic. If OIL was going nuts, we couldn't expect any solid HCL progress.”1

 

Today we got this.

 

Abdul-Mahdi and bin Salman stress the importance of joint coordination to achieve stability in oil markets.

 

Go stability I oil markets

Go HCL

Go RV

Go $1:1

[6ly410]

 

[yota691]

Iraqi Prime Minister Adel Abdul Mahdi received a phone call from Saudi Crown Prince Mohammed bin Salman.

"During the meeting, they discussed relations between the two countries and aspects of bilateral cooperation," the official SPA news agency reported.

The White House has announced that the US President, Donald Trump discussed with and Saudi Lee era, the stability of oil markets.

"The two sides discussed the critical role of Saudi Arabia in ensuring stability in the Middle East and global oil markets, the growing threat to Iran, increased trade and investment between the two countries, and the importance of human rights issues," the White House said in a statement.

Earlier, Trump publicly called on Saudi Arabia to increase oil production in order to prevent high oil prices.

[yota691]

 

Saudi Crown Prince and Iraqi Prime Minister stress importance of stabilizing oil markets

 

Friday, 7 Muharram 1441 - 06 September 2019 issue number [14892]

 

 

Jeddah: «Middle East»

Crown Prince Mohammed bin Salman bin Abdul Aziz, Crown Prince and Deputy Prime Minister and Minister of Defense of Saudi Arabia, called yesterday, the Prime Minister of the Republic of Iraq Adel Abdul Mahdi. 
During the call, they discussed relations between the two countries and aspects of bilateral cooperation. They also stressed the importance of joint coordination to achieve stability in the oil markets.

[yota691]

Crown Prince discusses stability of oil markets with Iraq
21:00 Thursday 5 September 2019

 
Abha: Home
The Crown Prince and Deputy Prime Minister and Minister of Defense Prince Mohammed bin Salman bin Abdul Aziz held a telephone conversation with Iraqi Prime Minister Adel Abdul Mahdi, during which they discussed relations between the two countries and aspects of bilateral cooperation.

 

[Donziman]

Doesn't hurt to be pals with the rich neighbors. lol

[yota691]

Prime Minister's Office reveals the content of the communication between Abdul Mahdi and bin Salman

Political | 11:01 - 06/09/2019

 

 

 

 

 

BAGHDAD -
The media office of Prime Minister Adel Abdul Mahdi revealed on Friday the content of the contact between the latter and Saudi Crown Prince Mohammed bin Salman.
"Abdul Mahdi received a phone call from Saudi Crown Prince Mohammed bin Salman," the office said in a statement.
"They discussed coordinating the efforts of the two countries with the other parties in OPEC and outside to control the oil markets and prevent the deterioration of oil prices."
 The Saudi Press Agency (SPA) reported yesterday that Ibn Salman held a telephone conversation with Abdul-Mahdi to discuss "relations between the two countries and aspects of bilateral cooperation, and stressed the importance of joint coordination to achieve stability in oil markets."

[Butifldrm]

Abdul Mahdi receives a phone call from the Saudi Crown Prince

Written by: saadin:September 06, 2019In: Iraq News , the most important newsNo comments

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Alnoor News / Baghdad

Prime Minister Adel Abdul Mahdi received a phone call from Saudi Crown Prince Mohammed bin Salman.

A statement by the Prime Minister's Office received a copy of the news, "Abdul Mahdi received a phone call from Saudi Crown Prince Mohammed bin Salman, during which they discussed the coordination of efforts of the two countries with other parties in OPEC and outside to control oil markets and prevent the deterioration of prices."

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[6ly410]

After Baghdad boosts oil exports, Saudi crown prince discusses market ‘stability’ with Iraqi PM

 Kurdistan 24 |

3 hours ago

 

https://www.kurdistan24.net/en/news/24ff153f-4934-4d6b-8d77-aea4dbe890c8

 

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Iraqi Prime Minister Adil Abdul Mahdi (left) and Saudi Crown Prince Mohammed bin Salman (right). (Photo: Reuters)

 

Iraq Baghdad Saudi Arabia Oil & Gas Riyadh 

A+AA-

ERBIL (Kurdistan 24) – Less than a week after it was reported that a boost in Iraq's oil exports had played a key role in the first output increase of the year for the Organization of the Petroleum Exporting Countries (OPEC), Saudi Crown Prince Mohammed bin Salman discussed oil market “stability” with Iraqi Prime Minister Adil Abdul Mahdi during a phone call on Thursday, Saudi state media reported.

According to the SPA news agency, the two leaders “stressed the importance of joint coordination to achieve stability in oil markets.”

A statement issued by Abdul Mahdi’s office read similarly, adding that they reviewed ways to “coordinate efforts of the two countries with other parties in and out of OPEC to control oil markets and prevent the deterioration of oil prices.” 

In January, Baghdad reluctantly agreed to an output-cutting deal made by an alliance of oil giants known as OPEC+ that aimed to bolster petroleum prices and "restore balance between supply and demand" in the market.

August saw the first increase in output for OPEC in 2019 as a result of higher supply from both Iraq and Nigeria, Reuters reported last week.

A recent survey indicated that Saudi Arabia is not deviating from the plan to restrict output, but August's increases by Iraq and Nigeria were apparently enough to outweigh both this and additional losses caused by US sanctions on Iran.  

Iraq, OPEC’s second-largest oil producer following Saudi Arabia, almost entirely relies on oil to generate its revenue. 

Earlier this year, Saudi Arabia announced it was reopening its diplomatic missions in Iraq, shuttered since 1990, when the former Baathist regime invaded Kuwait. Riyadh has also entered into an intelligence-sharing agreement with Baghdad and pledged $1 billion to construct a mega-sports facility in the Iraqi capital.

Editing by John J. Catherine

[Butifldrm]

 

2019/09/11 13:25

• The number of readings 18
• Section: Iraq
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Iraqi-Russian Saudi meeting to discuss OPEC production cut

BAGHDAD / Obelisk: Oil Minister Thamer Ghadhban said on Wednesday that OPEC and its allies will discuss whether there is a need to deepen production cuts during the meeting of the Joint Ministerial Committee on Thursday.

Ghadhban said in remarks reported by Reuters, that "decisions on production policy are collective decisions and that Iraq does not want to take the decision alone," noting that "will meet with the Saudi and Russian energy ministers later today."

He pointed out that "the previous OPEC meeting discussed the reduction of production by 1.6-1.8 million barrels per day, but because of the objection of some members have agreed to reduce it 1.2 million barrels per day."

Ghadhban stressed that "the Kurdistan region of Iraq must respect its commitments on oil exports and its share in the federal budget," noting that "the Kurdistan Regional Government of Iraq is supposed to deliver 250 thousand barrels of oil per day to the federal government, but not yet committed to it."

Follow the obelisk

 

http://almasalah.com/ar/news/178145/اجتماع-عراقي-روسي-سعودي-لبحث-خفض-انتاج-أوبك