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First, iraq has joined the united arab emirates, qatar, and oman and calling for opaque and allies to stick with their agreement. That is despite recent price gains. The deal helped lift brent above 70 a barrel this week. Concern. Expressed bloomberg spoke to the head of the International Energy agency and the omani Energy Minister and got more reaction. Today, oil price is about 70. The Global Oil Demand will billion out 1. 4 1. 4 Million Barrels a day. A lot of new Oil Production is coming from the united states, from brazil, from africa, from canada. A lot of oil in the market. I think thats the point of socussion, because the focus far has been in the supply side. We often dont discuss the demand ....
An Omani delegation comprising a number of government and private agencies, headed by Mohsin bin Hamad Al Hadhrami, Undersecretary of the Ministry of Energy and Minerals, is on a visit to the Republic of South Korea. ....