predicted a member of the Commission on oil and energy parliamentary that oil prices will rise to $ 55 a barrel during the month of next October.
He said Ibrahim Bahr al-Ulum, a former oil minister told all of Iraq [where] that "the choosers against Iraq today, but to continue to step up production capacities and export within the organization," OPEC "roof to persuade key players Saudi Arabia and private, which pumps about more than 10 million barrels a day is able to market control If the withdrawal of the surplus in the oil market.
"The statistics indicate that US oil reserves exceeding 280 million barrels, which led to lower prices, noting that" there is a sense that the "OPEC" will not abide by their quotas, but would pump at full capacity, as well as Astmraranteg oil from non-traditional areas and this Sbikun influential.
"He said Bahr al-Ulum that" the drop in oil prices may continue to fall for a time period, but may regain some recovered in the month of next October and is expected to reach $ 55 a barrel.
"It is said that oil prices are a significant decrease was the lowest in six years.
It should be noted that Iraq supports the construction of the annual financial budget by about 90% on imports of the source of oil, and the resulting decline in crude prices since the middle of last year to a significant decline in Iraq's resources reaching 2015 budget about $ 100 billion with a deficit expected up to 25%, prompting the government to launch treasury bonds worth $ 6 billion and borrowing from the International Monetary Fund about $ 1.2 billion in an attempt to reduce this deficit with the continued decline Alasar.anthy 2
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He said Ibrahim Bahr al-Ulum, a former oil minister told all of Iraq [where] that "the choosers against Iraq today, but to continue to step up production capacities and export within the organization," OPEC "roof to persuade key players Saudi Arabia and private, which pumps about more than 10 million barrels a day is able to market control If the withdrawal of the surplus in the oil market.
"The statistics indicate that US oil reserves exceeding 280 million barrels, which led to lower prices, noting that" there is a sense that the "OPEC" will not abide by their quotas, but would pump at full capacity, as well as Astmraranteg oil from non-traditional areas and this Sbikun influential.
"He said Bahr al-Ulum that" the drop in oil prices may continue to fall for a time period, but may regain some recovered in the month of next October and is expected to reach $ 55 a barrel.
"It is said that oil prices are a significant decrease was the lowest in six years.
It should be noted that Iraq supports the construction of the annual financial budget by about 90% on imports of the source of oil, and the resulting decline in crude prices since the middle of last year to a significant decline in Iraq's resources reaching 2015 budget about $ 100 billion with a deficit expected up to 25%, prompting the government to launch treasury bonds worth $ 6 billion and borrowing from the International Monetary Fund about $ 1.2 billion in an attempt to reduce this deficit with the continued decline Alasar.anthy 2
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