Inscrit le: 20 Avr 2018
|Posté le: Mer 16 Mai - 08:32 (2018) Sujet du message: Customized Atlanta Hawks Jersey
|VIENNA， Dec. 1 (Xinhua) -- An output cut by the Organization of the Petroleum Exporting Countries (OPEC) will help adjust relations between supply and demand and shore up oil prices in the short term， it can hardly change the sluggish crude oil market， observers noted.
The 12-nation bloc agreed in Vienna on Wednesday to lower its crude oil output by 1.2 million barrels per day to 32.5 million barrels per day. The cut， the first in eight years and would be effective from Jan. 1 for six months， is a watershed in OPEC's market policies since 2014.
Analysts interpret the cut as the cartel's admittance of the failure of its two-year low-price and high-output policy， designed to deprive the U.S. shale oil of its market shares.
In the fourth quarter of this year， the global crude oil market has witnessed a daily oversupply of 1 million barrels， but the shale oil has not kissed the dust yet.
Consequently， the plummeting oil prices had dragged the Middle East oil-exporting countries into a fiscal crisis. The OPEC countries recorded a total sales revenue of 920 billion U.S. dollars in 2012， but would only pocket around 341 billion this year.
All this forced OPEC to resort to the new strategy of cutting production.
Saudi Arabia， OPEC's largest producer， has agreed to bear the lion's share of the cut， but most member countries， including Iraq， which had initially refused to freeze its output， will limit their production.
The International Energy Agency predicted that if the reduction agreement is implemented， the oversupplied market will become one where demand exceeds supply by 2017.
But there's low possibility that the global oil market would thus be much improved as the slowdown in the world economy depresses oil demand and shale oil production is thriving thanks to new technology.
Currently， with the production cost of North American shale oil down to less than 50 dollars per barrel， shale oil production can still gain benefits amid a sluggish market.
In the past two years， despite low oil prices that led to a decrease in shale oil production， shale oil shows a better-than-expected flexible space -- it can quickly adjust its output according to the market.
Previously， a small rebound of international oil prices has increased shale oil drilling rigs. The anticipated rebound of oil prices after the OPEC cut announcement is expected to push up shale oil production.
John Hall Fei， chairman of Alfa Energy， said the reduction agreement could "save OPEC，" but would bring the shale oil back， noting U.S. shale oil companies were happy with the announcement and would increase the rigs soon.
In fact， it is very possible that the rapid recovery in shale oil production will squeeze the market of OPEC members.
Besides， U.S. President-elect Donald Trump has promised to eliminate pumping restrictions， support oil and gas pipeline construction and open more federal lands and offshore areas for exploration， including Alaska.
In the past 10 years， OPEC has seen a shrink in its market shares with a weakening pricing power in the global crude oil market. It could register further loss in the following race with the shale oil.
On the off chance that you have meditated long and difficult to turn into a doctor Al-Farouq Aminu Blazers Jersey , then you also must be set up to face the employment marketplace. Despite the fact that there will dependably be space for specialists, you need to try your hardest to come up an occupation that pays the right workplace for you in the right area. Things are quite different now. Presently preparing projects and tracks can be discovered internet Authentic Zach Collins Jersey , discovering a life partner can be fulfilled on the web dating locales, lastly Authentic Terry Porter Jersey , a full assortment of profoundly pined for specialist occupations can now be found online on the off chance that you sustain the mental ability to get to and look the best doctors jobs destinations.
Concerning discovering the best specialist office occupations the mystery is to stick to a trusted web site page and counsel their information premise. Because of the easy to understand interface and the streamlined inquiry strategies, it requires only a brace of minutes to get a rundown of specialist occupations coordinating your expert profile and living up to your own requirements. Redo the pursuit as indicated by specialization and area and change your expert future today!
Thither are an immense number of occupation entryways working internet Authentic Shabazz Napier Jersey , sourcing opportunity news from diverse business houses of all figures and sizes and showing them at the snap end of the nodes. These fix the best employment looking grounds, and believe it or not Authentic Noah Vonleh Jersey , they get to the best destinations for discovering doctors jobs and all different sorts.
The destinations for searching doctor's jobs fundamentally by combining all openings in various systems, paying little heed to the clientele in one phase. At that point they arrange the employments on the premises of the business and acquaint them to the nodes in sorted organizations individually. The site's interface every opening for doctors jobs in Australia with the mother site of the concerned organization and a single tick apply alternative.
The path to achievement rests with making a fertile and brilliant utilization of the online worksheets. What establishes that you are more right than wrong? Reading after being the tips to recollect-
Check the fundamentals clearly
Yes Authentic Moe Harkless Jersey , the nuts and bolts must be dispensed with. This incorporates verifying that your resume is overhauled and is free of linguistic, accentuation Authentic Jusuf Nurkic Jersey , and spelling mistakes. On the off chance that conceivable, get some person to observe your profile and resume before posting the same in the online employment board.
Pick the desirable location
When you are running down a car. Jerseys Cheap Jerseys China NCAA Jerseys Wholesale Jerseys Online Jerseys Free Shipping Jerseys China MLB Jerseys Cheap NHL Jerseys Cheap NFL Jerseys China NBA Jerseys From China