Parliamentary Energy: oil agreement will raise the price of oil to $ 60

The news agency Buratha 2016-12-11

The Commission on oil and energy parliamentary, said on Sunday that "oil-producing countries agreed Petroleum [OPEC] will contribute to the recovery of oil prices to $ 60.

Committee Chairman Erez Abdullah said "the oil agreement would have a positive impact on the economic situation in Iraq, through the recovery of the economic situation and rising oil prices and therefore accrue to the general situation of the country in the affirmative."

And between Abdullah said "the initial readings and estimates indicate that oil prices will go up to $ 60 a barrel, according rebounds general economic organizations and oil ministers of the countries."

The reach of the oil producers within the Organization of Petroleum Exporting Countries [OPEC] and beyond, to the first joint agreement since 2001 to restrict the production of crude and ease oversupply in the market.

http://burathanews.com/arabic/economic/307218