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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The rise in oil to $ 53 a barrel

    Rocky
    Rocky
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    Posts : 266471
    Join date : 2012-12-21

    The rise in oil to $ 53 a barrel Empty The rise in oil to $ 53 a barrel

    Post by Rocky Mon 20 Feb 2017, 1:23 am

    [ltr]The rise in oil to $ 53 a barrel[/ltr]

     Since 02.20.2017 at 08:48 (Baghdad time)
    [ltr]The rise in oil to $ 53 a barrel 4[/ltr]
    [ltr]Follow-up scales News[/ltr]
    [ltr]Oil prices rose Monday, but gains were as little as possible with investors assess whether increasing the number of drilling rigs in the United States and rising inventories to a record level Sicoadan producers efforts to reduce production and restore balance to the market.[/ltr]
    [ltr]It was futures trading for crude International benchmark Brent crude price of $ 53.71 a barrel at 06:32 GMT, up seven cents from the last settlement price.[/ltr]
    [ltr]The total price in futures contracts for WTI US median of $ 50.94 a barrel, up 12 cents.[/ltr]
    [ltr]Traders said rising prices came amid increasing reports about reduced Saudi Arabia's largest oil exporter in the world a little bit about their supply contracted volumes in February, including flying supplies to India and Malaysia.[/ltr]
    [ltr]But there are doubts that the production cuts would be enough to restore balance to the market suffered from a glut in the supply of crude over the past two years. Van fell Brent and West Texas Intermediate futures around six percent this month.[/ltr]
    [ltr]The US Energy Information Administration on Tuesday that the country's production of crude will rise 110 thousand barrels per day in 2017 to up to nine million barrels per day.[/ltr]
    [ltr]There is another source of concern to a high of US stocks.[/ltr]
    [ltr]It is expected to issue the latest Energy Information Administration data Aloravae.anthy 29 / A 43[/ltr]




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