oil rising despite Russian flurry of Saudi around production levels
2019-06-06 02:30 pm | Resource: News | No Views : 55
Russian President Vladimir Putin said on Thursday that Russia was disagreeing with Opec about the fair price of oil, but Moscow would make a joint decision with its OPEC counterparts on crude production at a meeting in coming weeks to discuss production policy. Putin said the price of oil was between $ 60 and $ 65 a barrel While Saudi Arabia wants a higher price.
He added that the decision of OPEC and its oil exporters should take into account the decline in production in Iran and Venezuela, and the problems in Libya and Nigeria.
Trump: Iran was the hero of terrorism, now failed as a state
On the Iranian front, US President Donald Trump said on Thursday that when he was elected two and a half years ago, Iran was "the undisputed hero of terrorism," but stressed that the country was "now failing as a state" and "doing very badly" Normal "state imposed by Washington.
Speaking at a news conference alongside his French counterpart Emmanuel Macaron in Caen, Trump accused Tehran of being responsible for the violence in 14 different locations, including Syria and Yemen. He continued to downplay his differences with McCron when it comes to Iran's policy, stressing that the two leaders' goal is to prevent the Islamic Republic from acquiring nuclear weapons.
At the same time, Macron has included four common goals on Iran, such as non-proliferation, curbing ballistic activity, containing regional activities, and achieving peace in the region. "We need to open new negotiations to build and realize these four goals," McCron said. .
The Tokyo government is organizing Abe's visit to Iran
The Japanese government is making arrangements for Prime Minister Shinzo Abe to visit Iran in the near future, a government spokesman said on Thursday. Prime Minister Yoshidi Suga told a news conference in Tokyo that Abe might visit Tehran early next week, but it was not yet clear whether he would meet President Hassan Rowhani or Supreme Leader Ayatollah Ali Khamenei.
Abu's visit comes amid escalating tension between Tehran and Washington. Earlier this week, a representative of the Tokyo government said that the Joint Comprehensive Action Plan (JCPOA), also known as the Iranian nuclear deal, was "very important" for Japan and would be "unfortunate" if the deal failed.
(CURDE OIL - WTI ) We offer you oil analysis denominated by US dollar on Wednesday, April 17, 2019, with the most important forecast for the price of oil denominated by US dollars in the market. Time frame Used - four hours Oil is moving in a sideway direction in the near term. The purchasing power managed to push oil higher to close at the end of trading today, rising…
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