Badli: America must stop threatening OPEC member states

According to Venezuela’s "Oil World" Madrid on July 3, Abdella Bady, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), told reporters in Madrid, the capital of Spain, on July 2 that the United States must stop threats and anger. OPEC member states.
In response to a reporter’s question concerning the US Congress’ permission of the US Department of Justice to conspire with OPEC countries to conspire to raise oil prices or limit supply, the newspaper said to the El Pais newspaper in Spain: “As a world power, I hope they stop threatening OPEC. Member states."
The important OPEC official from Libya said that the sanctions imposed on Libya, the sanctions against Iran, and the problems caused in Iraq have caused the world’s oil market to have a shortage of 5 million to 6 million barrels of oil per day.
Badli said that rising oil prices are not caused by supply shortages as Western countries have said. The main reason for the record price of oil is the speculative speculation triggered by the US subprime mortgage crisis.
Badli said that, in fact, the subprime mortgage crisis that occurred in the United States last summer had a detrimental effect on the stock market. Investors only looked for other financial products, and oil became the most attractive commodity for speculators.

Float Valve

A valve that automatically controls the level of a vessel. It is installed in the liquid inlet or outlet of the container, the use of float (usually empty floating ball) in the container float or drop drive valve disc action, by regulating the flow in and out of the container to maintain a certain level of the container. The valve in the figure is a floating ball regulator that controls the inlet flow of fluid. When the liquid level is below the specified value, the float drops to open the disc, and the liquid flows into the container, and the liquid level rises accordingly. When the liquid level rises to the specified level, the float floats to close the disc and the liquid stops flowing in. These valves are used for level control in low pressure vessels.

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