Economy: the coming months will see a high shortage or oversupply to 55 us dollars per barrel

2016-03-12

The balance of news

Member of the parliamentary economy Committee Nicole, said Saturday that the coming months will see a significant rise in oil prices and expectations of a rise to 55 dollars per barrel.

Al-kinani said l/balance of news, "the program supply reduction to demand helped lift world oil prices", asserting that "the coming months will see a rise in oil prices to 55 dollars per barrel.

He said a member of the parliamentary Economic Committee, that "increased production with stable oil prices above 40 dollars will help promote the economy and emerge from the crisis in the country", noting that "activate line Ceyhan oil easy transfer process oil to European countries is easier than it is in the South" lines. Ended 29

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