Qabazard said that the OPEC agreement on production cuts in December 2008 “successfully prevented the oil price from falling and supported its rise to a more reasonable level seen so far. But only with the full support of other parties in the oil industry can these measures be truly successful. He said that the stability of the oil market is a major goal of OPEC. "This year's oil market outlook has continued to improve."
However, the activities of the oil market may jeopardize the stability of the market and combat the dependence of oil-producing countries on the economic revenue of oil. He said: “Speculators' net longs have reached a record high. At present, some countries are still studying measures to supervise the market, and it is understandable that the above situation will trigger a new round of market fluctuations.†Qabazard later told Platts, The net long held by speculators and fund managers in the US oil futures market two weeks ago has risen to the record level of 185 million contracts, which is equivalent to about 19 times the exchange's spot trading volume. He said that the net long position has fallen since then, but the long sell-off is a factor that causes oil price fluctuations.
He said, “Overall, the market believes that [current] oil prices are acceptable†and provide reasonable returns for reinvestment in the oil industry. “For the consumer countries, oil prices can be sustained without negative impact on growth.†Qabazard said that although the oil market is “more stableâ€, there is still no reason to be satisfied. Qabazard said: “There are still concerns about the level of public debt of OECD countries, the high unemployment rate and the risk of China’s economic downturn. He pointed out that these factors “might pose a threat to market stability†and may exaggerate the normal normal market changes.
Electric water kettle
If you are new to the concept of using an electric kettle, you might be overwhelmed by the variety of electric kettles that are displayed on the store shelves and have difficulty deciding which one would be the best to suit your individual needs or desires. This introduction will give you some basic information about some of the features that are available on various types of electric kettles so that you can make a more informed decision when choosing one for use in your home.
Features:
Spend few minutes to boil : After 5 minutes, hot water will finish for you to drink.
3 protection functions : The on/off button is on the handle, making it easy to turn the kettle off when you pick it up. A concealed heating unit reduces the amount of buildup in the kettle.
It will be a problem when you forget to close the button.Once the water boils the kettle shuts itself off.Do not have to worry about damaging it by letting it run dry. When water runs dry,It will cut the electric by itself.
Multiple Cups: Water can be loaded to 1.8Liter.
Materials :
Food grade stainless steel, more healthy and hygienic. PP handle wieh heat insulation material provides scald resistance. Durable controller performance with 360 degree rotation cordless base design.
OEM & ODM service : Try best to support you during production and provide better after-sales service.Enhance your brand popularity.
Application:
Make a cup of tea.
Boil eggs.
Cook noodles.
Electric Water Kettle,Aluminium Electric Water Kettle,Mini Electric Water Kettle,Stainless Steel Electric Water Kettle
Guangzhou Taipeng Electrical Appliances Technology CO., LTD. , https://www.kettles.pl