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D. Bahr al-Ulum likely rise in the price of oil in the first quarter of next year
Date: Sunday 04/11/2012 08:31 pm
Stressing cost reduction الانفاقية
BAGHDAD - Alaa Fadel
Predicted and former oil minister, Dr. Ibrahim Bahr al-Ulum to keep oil prices up to $ 90 for very first quarter of next year, where will rise later in the time confirmed experts in economic affairs that the economic problems faced by some European countries and the U.S. threatens every now and then down oil prices World as will reduce consumption actual oil, which will increase the display in the global market and therefore falls price. Uloum said for (Citizen): "I expect to keep oil prices up to $ 90 for very first quarter of next year and will rise after that." "The prices During this period, will remain volatile and for a while. "and" I am the Aargeh rely budget on oil price of $ 90, but the price of $ 85 and see the need to go about it because this will make us in the proper position. "and noted that" Gulf states girl budgets on price $ 65. "and" that in order to be planning budget based on realistic feel to keep oil price of $ 85 through 2013. "and pointed out that" oil surpluses for the next year will go to the budget supplementary Olsndouk sovereign. "and emphasized the need to" reduce costs الانفاقية public budget. "And at the same stressed specialists that the economic problems faced by some European countries and the U.S. threatens every now and then down world oil prices as will reduce consumption actual oil, which will increase the display in the global market and therefore falls price. This was confirmed by experts and specialists in the economic (for the Agency news), warning of the adoption of the budget next year on the price of a barrel of oil (90) dollars because it will the country to danger in the event of lower world oil prices, especially since the budget depends a rate (95%) on oil revenues. said committee member Financial MP / National Alliance / Faleh Surrey, that the general budget for the coming year which was ratified by the government did not observe caution from economic fluctuations in the region and gave the highest price appreciation for a barrel of oil compared with other countries as states the Arabian Gulf or Iran and the rest of the region. added Sari (for the Agency news): that the budget has reached the House of Representatives and will be discussed in the coming days, and expected that it would raise the wrath of some lawmakers that would lead to rejection her because of their dependence on the price of a barrel of oil at (90) dollars per barrel, which will be returned back to the government for the purpose of reduce the fiscal deficit is estimated to balance with what fits with the reduction the new price of oil has objected International Monetary Fund to raise the price of oil in the budget in 2013. while reduced the Ministry of Finance, the importance of an interception Monetary Fund and the World Bank to raise the price of a barrel of oil in the federal budget, shown that the addition of five dollars on the price of a barrel came as a result of increased expenditures in the budget. As a member of the Finance Committee MP / National Alliance / Abdul Hussein al-Yasiri, warned: to determine the price of a barrel of oil at (90) dollars in the budget next year as a result of the global economic crisis that led to the fluctuation of oil prices in the oil market, calling for adoption under price (85) dollars to take into consideration the likelihood of lower oil prices. For his part, called the economic expert Hamid al-Moussawi, the need to adopt the price of a barrel of oil (80) instead of $ (90) in the budget of $ (2013) in anticipation of a decline in global oil prices.
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Date: Sunday 04/11/2012 08:31 pm
Stressing cost reduction الانفاقية
BAGHDAD - Alaa Fadel
Predicted and former oil minister, Dr. Ibrahim Bahr al-Ulum to keep oil prices up to $ 90 for very first quarter of next year, where will rise later in the time confirmed experts in economic affairs that the economic problems faced by some European countries and the U.S. threatens every now and then down oil prices World as will reduce consumption actual oil, which will increase the display in the global market and therefore falls price. Uloum said for (Citizen): "I expect to keep oil prices up to $ 90 for very first quarter of next year and will rise after that." "The prices During this period, will remain volatile and for a while. "and" I am the Aargeh rely budget on oil price of $ 90, but the price of $ 85 and see the need to go about it because this will make us in the proper position. "and noted that" Gulf states girl budgets on price $ 65. "and" that in order to be planning budget based on realistic feel to keep oil price of $ 85 through 2013. "and pointed out that" oil surpluses for the next year will go to the budget supplementary Olsndouk sovereign. "and emphasized the need to" reduce costs الانفاقية public budget. "And at the same stressed specialists that the economic problems faced by some European countries and the U.S. threatens every now and then down world oil prices as will reduce consumption actual oil, which will increase the display in the global market and therefore falls price. This was confirmed by experts and specialists in the economic (for the Agency news), warning of the adoption of the budget next year on the price of a barrel of oil (90) dollars because it will the country to danger in the event of lower world oil prices, especially since the budget depends a rate (95%) on oil revenues. said committee member Financial MP / National Alliance / Faleh Surrey, that the general budget for the coming year which was ratified by the government did not observe caution from economic fluctuations in the region and gave the highest price appreciation for a barrel of oil compared with other countries as states the Arabian Gulf or Iran and the rest of the region. added Sari (for the Agency news): that the budget has reached the House of Representatives and will be discussed in the coming days, and expected that it would raise the wrath of some lawmakers that would lead to rejection her because of their dependence on the price of a barrel of oil at (90) dollars per barrel, which will be returned back to the government for the purpose of reduce the fiscal deficit is estimated to balance with what fits with the reduction the new price of oil has objected International Monetary Fund to raise the price of oil in the budget in 2013. while reduced the Ministry of Finance, the importance of an interception Monetary Fund and the World Bank to raise the price of a barrel of oil in the federal budget, shown that the addition of five dollars on the price of a barrel came as a result of increased expenditures in the budget. As a member of the Finance Committee MP / National Alliance / Abdul Hussein al-Yasiri, warned: to determine the price of a barrel of oil at (90) dollars in the budget next year as a result of the global economic crisis that led to the fluctuation of oil prices in the oil market, calling for adoption under price (85) dollars to take into consideration the likelihood of lower oil prices. For his part, called the economic expert Hamid al-Moussawi, the need to adopt the price of a barrel of oil (80) instead of $ (90) in the budget of $ (2013) in anticipation of a decline in global oil prices.
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