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High global oil prices tickles the economies of producing countries (pfp)

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Baghdad seems that the Conference of Seoul, which was held موخرا Alsumaria News did not succeed in pushing oil producing countries to curb oil prices, which increased during the past few days to exceed $ 112 per barrel, although adequate supplies by producers, particularly Saudi Arabia, which raised its production ceiling to fill the shortfall in the supply of Libya. All Syria raise global oil prices of events in Syria have had a direct impact on global oil prices, and despite the low price of Brent crude of $ 117 per barrel late last month to $ 112 currently, is the price the latter hit a record high. attribute the experts Naftyon and economists hike to the fast-moving events in Syria, and the possibility of a military strike against her. says oil expert Hussein Allawi, in an interview for "Alsumaria News", "rising global oil prices caused by tensions and instability in the Middle East, especially with the expectations strike military to Syria by the United States. " explains "Most of the global production of oil comes from the Middle East and so the prices are affected with instability in this region," adding, "but the United States and Britain are keen to deal with these new developments in order to prevent rising prices more of it. " and agrees with him on that economic expert, Abdul Rahman al-Mashhadani, stating in an interview for "Alsumaria News", that "rises sudden global oil prices due to political factors, especially the Syrian crisis, which reflected generally on the countries of the world and the Middle East in particular . " and points out that "countries fear that after the strike Syria, fearing for terrorist operations that would halt oil supplies from the region." and see Mashhadani that "gain Iraq's only from higher global oil prices is to increase the income of hard currency, which will contribute in reducing gap deficit, in addition to increasing the budget of Finance for the next year 2014 ". spokesman for the Oil Ministry, Assem Jihad, supported the view of the experts that the tensions and conflicts in the Middle East at the present time is reflected on global oil prices. shows in an interview for "Alsumaria News ", that" fear consumers to stop supplies lead to increased demand for crude oil and thus reflected in the rise in oil prices. " and call a jihad to "try some states raise the ceiling on oil production will not affect the price reduction as long as the threat continues," asserting that " conflicts and threats is an important factor in the increase in oil prices. " $ 100 a fair price for consuming Asian countries imported oil, which wants more supplies, fell on deaf ears of the producing countries, the main conference Seoul, which was held last week, it was considered nations prominent in the organization, "OPEC "The price of $ 100 for a barrel of oil suitable for consuming nations. says Iraqi Oil Minister Abdul Karim and coffee, on the sidelines of a meeting of oil ministers Asians are held in the South Korean capital Seoul, that "the price of 100 dollars per barrel is a fair price for consumers." which is consistent with the Vice Prime Minister for Energy Affairs Hussain al-Shahristani, who confirms that the listed price "suitable for producing and consuming countries," stressing that "this price is not a favorite of Iraq only, but can also produce oil at a cost much lower." In this regard refers spokesman for the Oil Ministry, Assem Jihad, that "Iraq seeks to maintain a balance in supply and demand for oil to create the kind of stability in the markets," noting that "the price of $ 100 per barrel is appropriate for the exporting countries and consuming countries alike." OPEC confirms the survival of prices above $ 100 and while continuing oil price in global markets exceed the $ 110 per barrel, expect the Iraqi government that these prices will remain above $ 100 for the medium to come. says Secretary General of the Council of Ministers on the Keywords, in an interview for "Alsumaria News", "The Iraqi government derives its information on the prices of oil from the Organization of OPEC, which provides forecasts and insights قربية and medium-term. " and suggests that "the organization draws its forecast of demand and supply in the global markets," adding that "oil price may go up or down but it will maintain its survival above the $ 100 per barrel for the medium to come." confirms expert Economic Falah Hassan Alwan, in an interview for "Alsumaria News", that "the rising global oil prices would be reflected in the budget of Iraq's federal and therefore it will raise the level of investment projects and service to the country." and calls Alwan, the Iraqi government that "you create a sovereign fund of funds surplus derived from oil imports to finance several development projects and investment that can not budget for funding. " Oil prices rose to their highest levels during the month of August, amid expectations for military strikes west of Syria, as well as decline in production of Libyan oil by 10% over the rates because of the turmoil in the oil fields and ports, in the worst wave of disruption of Libyan production since the revolution of 2011 that overthrew former Libyan leader Muammar Gaddafi.http://www.alsumaria.tv/news/82911/ارتفاع-أسعار-النفط-عالميا-يدغدغ-اقتصاديا/ar

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