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The Ministry of Oil: $ 100 a barrel fits the Iraqi economy
Sabah newspaper reported that the oil ministry, said on Wednesday that the $ 100 per barrel is appropriate price for Iraq, while confirming that the decline in the price per barrel to below $ 85 impact on Alaguetsad.oukal ministry spokesman Assem Jihad said in a press interview, said that «Iraq and members of the Organization of Petroleum Exporting countries believe that the $ 100 price per barrel is appropriate price to them. The newspaper added, according to the ministry that «low price for $ 100 is a factor on Iraq's economy and the economies of oil-exporting countries in OPEC» .oamady to say, that the «lower the price below $ 85 per barrel will make the ministry and the government in front of the new estimates for the price of oil in the budget, which will stop In light of the global oil prices ».uzad Jihad that« there are some opinions which demands determine the price of oil away from the influences and blackmail and in a form that does not overwhelm the budget plans ». The newspaper pointed out that «Iraq was able Despite the challenges and the security situation of Iraq at the present time, which led to the suspension of oil exports through the north line in addition to the lack of the province's commitment to deliver 400 000 barrels, to be close to the planned within oil exports».
The resulting drop in oil prices between $ 80 and $ 85 per barrel to stagger in Iraq's budget for the current year 2014 in which the price of oil as much as US $ by 90 per barrel, rising oil prices earlier this year and last to more than $ 110 per barrel, according to observers.
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Sabah newspaper reported that the oil ministry, said on Wednesday that the $ 100 per barrel is appropriate price for Iraq, while confirming that the decline in the price per barrel to below $ 85 impact on Alaguetsad.oukal ministry spokesman Assem Jihad said in a press interview, said that «Iraq and members of the Organization of Petroleum Exporting countries believe that the $ 100 price per barrel is appropriate price to them. The newspaper added, according to the ministry that «low price for $ 100 is a factor on Iraq's economy and the economies of oil-exporting countries in OPEC» .oamady to say, that the «lower the price below $ 85 per barrel will make the ministry and the government in front of the new estimates for the price of oil in the budget, which will stop In light of the global oil prices ».uzad Jihad that« there are some opinions which demands determine the price of oil away from the influences and blackmail and in a form that does not overwhelm the budget plans ». The newspaper pointed out that «Iraq was able Despite the challenges and the security situation of Iraq at the present time, which led to the suspension of oil exports through the north line in addition to the lack of the province's commitment to deliver 400 000 barrels, to be close to the planned within oil exports».
The resulting drop in oil prices between $ 80 and $ 85 per barrel to stagger in Iraq's budget for the current year 2014 in which the price of oil as much as US $ by 90 per barrel, rising oil prices earlier this year and last to more than $ 110 per barrel, according to observers.
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