OPEC: Saudi Arabia Vs Iran

[الأعرابي]

They had increased oil output to decrease prices in an effort to hurt Iran but in the process they've done much more damage to their own economy This is the type of people and IQ we're dealing with.

Now they're begging Iran to not increase its oil output further to avoid decreasing the prices.
They're in a hard dilema, if they continue at this rate, they'll burn through their foreign reserves and become bankrupt, but if they decrease their output, prices will go up and Iran and Russia will become much richer. Either way, Iran wins given Iran only relies for about 20% of its revenues from oil.

These soodis need to just let their western masters do their thinking for them ,clearly they're not capable of doing that on their own. One has to truly wonder just how many months they'll last were it not for their American masters?

Sorry mate, but in the global arena you're and you will always be insignificant. Our increased oil production wasn't pointed at you as the vast majority of your oppressed people struggle to provide just the basic and minimum daily needs to themselves. The affect of our increased oil production on you serves as a pleasant bonus nevertheless.

 

[Malik Alashter]

How about Iraq.

Iraq can be a game changer with the increase of their production.

There are news say that none proven oil reserve can put Iraq in the range of more than 240 billion barrel! that is really huge amount of oil.

 

[raptor22]

How about Iraq.

Iraq can be a game changer with the increase of their production.

There are news say that none proven oil reserve can put Iraq in the range of more than 240 billion barrel! that is really huge amount of oil.

Why not ... I hope after defeating ISIS and bringing peace and security to the country Iraqi oil could come to the market again ...

 

[Malik Alashter]

Why not ... I hope after defeating ISIS and bringing peace and security to the country Iraqi oil could come to the market again ...

Bro, Our production now exceed 4.5 million BPD the goal is to reach 6 million in the next few years I think by 2020 while the main goal is 12 million.

So for now it's not bad at all with all the chaos we are in.

I just wait to hear about the amount of unproven oil to be proven but due to the situation it still on hold the future is promising In Sha'a Allah.

 

[Oublious]

How about Iraq.

Iraq can be a game changer with the increase of their production.

There are news say that none proven oil reserve can put Iraq in the ra

Go first try to work with the kurds.

how about a new OPEC

Russia
Iran
Canada
Mexico
Kazakhstan
Azerbaijan
Colombia
U.S

That will never happen, wher do you live dumb yankeeee. Your country is one of the most consumer of the oil stock after china. Your own stock is not able to feed your own country so wtf are you talking about?

Canada, Mexico and Colombia wher are they selling ther stocks? Againg U.S. so try to think before you write.

And mentioned countries will never be able to work together politically reason.

 

[C130]

Go first try to work with the kurds.




That will never happen, wher do you live dumb yankeeee. Your country is one of the most consumer of the oil stock after china. Your own stock is not able to feed your own country so wtf are you talking about?

Canada, Mexico and Colombia wher are they selling ther stocks? Againg U.S. so try to think before you write.

And mentioned countries will never be able to work together politically reason.

listen here turk. the U.S has lifted it's ban on exports. U.S has more oil than you can imagine. more than Turkey who wants to import from the Zionist entity known as Israel


Canada,U.S, and Mexico is a natural resource powerhouse!! so get use to the new OPEC turk

 

[Malik Alashter]

Go first try to work with the kurds.

Why we should work with the Kurds we don't need their oil we already have it in tremendous amount huge amount.

Just give it few more years and Iraq will be a game changer.

 

[Kuwaiti Girl]

Iraq's gradually going to be the Middle East's largest producer and exporter of oil in the coming years/decades. Moreover, Iraq's expected to have the largest population in the Middle East by 2100.

If you combine future demographic and economic trends, then you could argue that Iraq has the potential to become the most powerful country in the wider region during the 21st century.

Should the Kurds ever decide to secede from Iraq, Iraq would still have the largest population and greatest amount of natural resources during the 21st century. Should the Shias of eastern Arabia ever end up merging with the Shias of Iraq, then the country will become even more powerful.

Whichever way you look at it, Iraq will have a great future. The Fertile Crescent will finally become the regional center of power again, just as it had always been for thousands of years.

 

[Malik Alashter]

Iraq's gradually going to be the Middle East's largest producer and exporter of oil in the coming years/decades. Moreover, Iraq's expected to have the largest population in the Middle East by 2100.

If you combine future demographic and economic trends, then you could argue that Iraq has the potential to become the most powerful country in the wider region during the 21st century.

Should the Kurds ever decide to secede from Iraq, Iraq would still have the largest population and greatest amount of natural resources during the 21st century. Should the Shias of eastern Arabia ever end up merging with the Shias of Iraq, then the country will become even more powerful.

Whichever way you look at it, Iraq will have a great future. The Fertile Crescent will finally become the regional center of power again, just as it had always been for thousands of years.

Now you can see why all trials of restoring power to baathist that's only way to contain the country but we are heading that way no matter what.

 

[Stephen Cohen]

Please keep oil prices stable at 50 Dollars ; BOTH Iran and Saudi Arabia should increase production

 

[Pandora]

OPEC smells of cartel monopoly,it should disband.

OPEC destroyed competition in the Global market. Current market has become competitive so it is more favourable for both developing and developed nations.