Algeria expects the price of oil to stabilize between 75 and 80 dollars a barrel

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Algeria expects the price of oil to stabilize between 75 and 80 dollars a barrel

Post  Admin on Tue Jun 05, 2018 5:36 am

10:47 - 05/06/2018


Information / Baghdad ..

Algerian Energy Minister Mustapha Qitouni said on Tuesday that his country expects global oil prices to remain between $ 75 and $ 80 a barrel after the OPEC meeting this month.

"There are geopolitical problems in some oil-producing areas ... there is no problem with prices ranging from 75 to 80 dollars," Qituni was quoted by APS as saying.

Qitoni was responding to a question about a possible drop in oil prices because of possible cooperation between Saudi Arabia and Russia to increase production, offset Venezuela's supply shortfalls and ease concerns about the impact of US sanctions on Iran. is over/




http://www.almaalomah.com/2018/06/05/315534/

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