Arab Today, arab today hopeful over oil market as prices surge
Last Updated : GMT 13:29:47
Arab Today, arab today
Arab Today, arab today

Dr Mohamed bin Saleh al-Sada:

Hopeful over oil market as prices surge

Arab Today, arab today

Arab Today, arab today Hopeful over oil market as prices surge

Qatar's Minister of Energy and Industry Dr Mohamed bin Saleh al-Sada
Doha - Arab Today

HE Minister of Energy and Industry and Mesaieed Petrochemical Holding Company (MPHC) Chairman Dr. Mohamed bin Saleh Al Sada has expressed optimism over the oil market as the price of Brent crude hit $62 per barrel.
Answering questions of shareholders on the sidelines of MPHC ordinary general assembly meeting, which was held on Monday, HE Dr. Al Sada said there is a general trend of improvement in oil prices, which showed in the last two weeks as prices increased.
He added that MPHC managed to achieve a strong financial performance despite declining oil prices because the price of petrochemicals didn't fall as much as oil, noting that an increase in oil prices will boost those of petrochemicals.
Dr. Al Sada expected MPHC to keep up its successful performance in 2015 in light of its ownership of a number of well-performing companies.
Founded in May 2013 as a Qatari joint stock company, MPHC has an estimated capital of QR 12 billion. The main activity of MPHC is to act as a holding company as it owns 49 percent of Qatar Chemical Company Ltd (Q-Chem) and Qatar Chemical Company II Ltd (Q-Chem II). It also owns over 55 percent in Qatar Vinyl Company (QVC).
Source: QNA

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hopeful over oil market as prices surge Arab Today, arab today hopeful over oil market as prices surge

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hopeful over oil market as prices surge Arab Today, arab today hopeful over oil market as prices surge

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday