according to the agreement, Kuwait will supply Lebanon with 500,000 tons of gas oil per year for three years valued at a total of between 700 million and 800 million US dollars. |
Although we know there is no shortage in (oil) supplies and reasons of high prices are attributed to factors related to refining, geopolitical or climate reasons, the organization will play a role in stabilizing prices and markets, |
He is my brother. I know him. I lived with him for years. I know how much he fears God. |
He is very stubborn. When he puts his mind into something, he will do it. |
He loved his family and friends, gatherings. He especially adores his mother. First comes God, then his mother. |
it will not hesitate to take this step to plug any possible shortage in supplies, especially when we have recently seen that global economy was affected by high oil prices. |
Oil resources and supplies are plentiful and OPEC has been producing 1.5 million more barrels per day than its quotas in the third quarter of 2005, |
OPEC today produces 30.4 million bpd and there is a surplus in the market estimated at over two million barrels, |
the Israeli people should know they will pay the price and our blood is not cheap. |
There are fears in the oil markets of the continued supplying of markets with crude oil although there's a big surplus; there are quantities that the market cannot absorb, there is no buyer. |