Iran is the only major oil-producing country that still has a budget deficit. History tells us since the Iranian revolution, they always talk about cutting production, but they've never cut it.
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This quote is just one of 8 total A. F. Alhajji quotes in our collection. A. F. Alhajji is known for saying 'Iran is the only major oil-producing country that still has a budget deficit. History tells us since the Iranian revolution, they always talk about cutting production, but they've never cut it.' as well as some of the following quotes.
OPEC became powerless the moment it sold its last barrel of excess capacity, and that was maybe a year ago.
Iran is the only major oil-producing country that still has a budget deficit. History tells us since the Iranian revolution, they always talk about cutting production, but they've never cut it.
If we look at Hurricane Ivan (which hit the Gulf in 2004), oil prices continued to go up for more than a month. Companies continued to work on their facilities but there were always delays restoring production.
This quote is just one of 8 total A. F. Alhajji quotes in our collection. A. F. Alhajji is known for saying 'Iran is the only major oil-producing country that still has a budget deficit. History tells us since the Iranian revolution, they always talk about cutting production, but they've never cut it.' as well as some of the following quotes.