Economist: the continuing decline in world oil prices will make Iraq in the wind 1/7
Economist: the continuing decline in world oil prices will make Iraq in the wind
1/7/2016 0 Comments
He warned an expert in the field of energy glorious Nashi that the continuing decline in world oil prices will make Iraq in the wind.
Said in a statement received by all of Iraq [where] a copy of it, that "if the state of the global oil markets and indicators bearish continued on like this, where Brent crude Register today at the opening of a serious price is $ 33 a barrel."
He added that "this serious decline means that Price Salams threshold twenties, noting that all global stock markets dyed red color, wondering Are we witnessing during the days of global economic crisis everyone is where Bmahb wind? ".
The Brent crude world record contracts tumbled to new lows in 11 years during the Asian trading Thursday due to concerns about China's economy increased concerns of inflation and ample supply.
and landed Brent prices to the nearest maturity to $ 33.05 a barrel at 06:11 GMT, its lowest level since July 2004.
As the US measurement WTI contracts mediator dropped to 32.77 dollars a barrel, the lowest level since 2009, before recovering to 33.24 Dolar.