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Bahr UL-uloum: falling u.s. crude futures contract in the world market oil prices don't matter
Date: 2012-09-28 13: 00: 13 Friday
Baghdad (newsletter) ... Former oil Minister Ibrahim Bahr Al-uloum, the oil futures contract and the price of us crude oil prices don't matter.
Uloum said (News News Agency): the world oil market prices fell, and crude oil futures contract with world powers as a result of its exposure to the US dollar's rise not affect pressure on oil prices.
Confirmed: the decline in world prices do not entail any fear for Iraqi oil prices welatdar oil prices for Iraq.
He added: the continuing increase in Iraqi oil production and oil environment made Iraqi oil product is any setbacks to world prices, continued: any setbacks in the alasaaralaalmet occur this year or next years not affect Iraqi oil as a result of an increase in oil product on tozay, stability and offset falling prices.
The price of us crude slipped $ (1.06) (110.12) dollars per barrel while crude futures dropped Brent (1.02) to (110.40) dollars and affected some oil States in the global market for oil.
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Date: 2012-09-28 13: 00: 13 Friday
Baghdad (newsletter) ... Former oil Minister Ibrahim Bahr Al-uloum, the oil futures contract and the price of us crude oil prices don't matter.
Uloum said (News News Agency): the world oil market prices fell, and crude oil futures contract with world powers as a result of its exposure to the US dollar's rise not affect pressure on oil prices.
Confirmed: the decline in world prices do not entail any fear for Iraqi oil prices welatdar oil prices for Iraq.
He added: the continuing increase in Iraqi oil production and oil environment made Iraqi oil product is any setbacks to world prices, continued: any setbacks in the alasaaralaalmet occur this year or next years not affect Iraqi oil as a result of an increase in oil product on tozay, stability and offset falling prices.
The price of us crude slipped $ (1.06) (110.12) dollars per barrel while crude futures dropped Brent (1.02) to (110.40) dollars and affected some oil States in the global market for oil.
[You must be registered and logged in to see this link.]
