OPEC warns of the risks of trade wars in the oil market Business



[ad_1]

However, this may change, especially because of the growing trade war between the United States and China, noted the organization.

US President Donald Trump ordered Tuesday to start 10% more. Imports of Chinese imports of 200 billion euros The value of dollars, taking a step closer to a trade war between the two nations

Beijing has taken countermeasures of the same magnitude with regard to US duties before taxes. However, Chinese imports from the United States are less than $ 200 billion.

million. Trumpa said earlier that if Beijing does not resign and that retaliatory measures are taken against the new rights, he would be ready to set additional tariffs for almost all goods imported from China, whose total value is now is of about 500 billion. According to OPEC, "the trade barriers that have stopped in the world have so far had only a modest impact on the global economy".

However, "if trade tensions increase … this can worsen business and consumers note report."

At last month's meeting in Vienna, OPEC and its partners – the group says OPEC + – have decided to increase the rate of consumer confidence .. oil extraction

As reported in the latest report on cartels based on secondary sources, the production of the 39, OPEC in June averaged 32.33 million barrels per day and was 173,000.

"Oil extraction has mostly increased in Saudi Arabia, Iraq, Nigeria , Kuwait and the UAE, while production in Libya, Venezuela and Angola has declined, "the report said.
Function init_fbpixel () {
! function (f, b, e, v, n, t, s) {if (f.fbq) returns; n = f.fbq = function () {n.callMethod?
n.callMethod.apply (n, arguments): n.queue.push (argument)}; if (! f._fbq) f._fbq = n;
n.push = n; n.loaded =! 0; n.version = 2.0 & # 39 ;; n.queue = []; t = b.createElement (e); t.async =! 0;
t.src = v; s = b.getElementsByTagName (e) [0]; s.parentNode.insertBefore (t, s)} (window,
document, "script", https: //connect.facebook.net/en_US/fbevents.js');

fbq (& # 39 ;, & # 39; 774089542700116 & # 39;);
fbq ("track", "Pageview");

}

typeof gdpr === & # 39; object & # 39; gdpr.push ({
script: init_fbpixel,
type: & # 39; 4 & # 39;
}): init_fbpixel ();
}) ();
[ad_2]
Source link