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Al-Ghubban reveals an important decision to be made by OPEC members at the Vienna conference DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Al-Ghubban reveals an important decision to be made by OPEC members at the Vienna conference

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Al-Ghubban reveals an important decision to be made by OPEC members at the Vienna conference Empty Al-Ghubban reveals an important decision to be made by OPEC members at the Vienna conference

Post by RamblerNash on Mon Jul 01, 2019 11:11 pm

Al-Ghubban reveals an important decision to be made by OPEC members at the Vienna conference

Al-Ghubban reveals an important decision to be made by OPEC members at the Vienna conference Story_img_5d1a4bb77d85f

2019/7/1 21:06

The Deputy Prime Minister and Oil Minister Thamir al-Ghadhban revealed on Monday an important decision to be made by members on meeting their commitments at the OPEC oil conference in Vienna.

This came during a telephone conversation conducted by Prime Minister Adel Abdul Mahdi, Deputy Minister of Oil Thamer Ghadhban.

A statement from his office said, "During the communication, the follow-up of the OPEC oil conference was confirmed, stressing the importance of the arrival of the members of the Organization to an agreement that preserves price stability in the next nine months, as well as the importance of cooperation with non-OPEC countries as Russia to achieve this goal. "He said.

"The talks are going well, and there is a strong decision among the members to meet their obligations," the oil minister said

http://alforatnews.com/modules/news/article.php?storyid=202407
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Al-Ghubban reveals an important decision to be made by OPEC members at the Vienna conference Empty We are trying to control the oil surplus

Post by claud39 on Tue Jul 02, 2019 11:55 am

 We are trying to control the oil surplus


07/02/2019


Al-Ghubban reveals an important decision to be made by OPEC members at the Vienna conference 12051






Economy News Baghdad



The Deputy Prime Minister for Energy and Oil Minister Thamer Ghadhban reiterated the efforts of Iraq and members of the Organization of Petroleum Exporting Countries to control the oil surplus and restore balance through the 15th meeting of the OPEC producers and their Russian-led allies.

"The objectives of the producers have not yet been realized due to the size of the major challenges facing the global oil market. We are seeking with the rest of the members to control the oil surplus in the global market and rebalance in order to support prices," Ghadban said in a statement to the ministry. Oil and that decisions must be approved by all member states. "

For his part, the spokesman of the ministry Asim Jihad said that "the ministerial meeting opened on Monday with a speech by the Secretary-General of the Organization of Petroleum Exporting Countries Mohammad Barkindo, and then the words of the Saudi Oil Ministers Khalid Al-Faleh and Russian Novak, who stressed the need to extend the agreement in order to achieve greater stability of the oil market "He said.

Jihad said that "yesterday's meetings brought together producers from within (OPEC) and from outside, while meetings today will be shortened to the producers of the members of the (OPEC)."





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