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Assem Jihad: oil prices still above estimates budgeting DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Assem Jihad: oil prices still above estimates budgeting

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Assem Jihad: oil prices still above estimates budgeting Empty Assem Jihad: oil prices still above estimates budgeting

Post by Kevind53 on Wed Jul 04, 2012 11:05 pm

Definitely in conflict with some of the other articles we have seen in the last few days ... can you say smoke? I knew you could ..... Twisted Evil

Baghdad/JD/...

Oil Ministry played down fears raised by parliamentary committees on lower oil prices, confirming that prices are still over budget estimates.
He said the Ministry spokesman Assem Jihad told a reporter/JD/: no need for the concerns raised here and there, adding that oil prices are still above the minimum set by the Ministry during the preparation of the budget, amounting to $ 82 per barrel. And surprised Jihad from some statements that called for increased exports of crude from Iraq in order to fill the potential shortfall in supplementary budget by the parliamentary community reports.

Jihad said that lower prices are not related to the Iraq issue, but also to all exporting countries, maintaining the price of OPEC will not stand idle against any change in price in order to preserve the balance of world markets. The Jihad, the Ministry has a strategic plan to raise exports this year to reach 3 million to 400 barrels a day. He said any increase in exports need to plan programmed conform to market data and the real need to raise exports excluding increase in exports at present.

The oil Ministry announced Iraq's oil exports rise for the month of May to 76 million barrels per day in revenues reaching seven billion and $ 831 million. And futures prices fell to Brent in Asian trading Wednesday but remained above $ 100 a barrel. The parliamentary Economic Committee warned of the possibility of a shortfall in the budget as a result of a decline in the price of crude oil, in turn revealed the parliamentary Finance Committee that the reduction would not affect budget due to accumulation caused by higher oil prices during the first half of this year and that the supplementary budget would be the perfect solution for any deficiency or budget deficit.

Finished/Ahmed Mohammed

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.dananernews.com%2FNews_Details.php%3FID%3D1166

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Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

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Assem Jihad: oil prices still above estimates budgeting Empty Re: Assem Jihad: oil prices still above estimates budgeting

Post by Guest on Wed Jul 04, 2012 11:09 pm

I can say it...smoke!

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Assem Jihad: oil prices still above estimates budgeting Empty Re: Assem Jihad: oil prices still above estimates budgeting

Post by Kevind53 on Wed Jul 04, 2012 11:11 pm

Assem Jihad: oil prices still above estimates budgeting Pinocc11

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Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Assem Jihad: oil prices still above estimates budgeting 2805820865  Assem Jihad: oil prices still above estimates budgeting 2805820865  Assem Jihad: oil prices still above estimates budgeting 2805820865  Assem Jihad: oil prices still above estimates budgeting 2805820865
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