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Oil falls from his Ptkhmh market
Baghdad Journal News
OPEC announced to export oil, falling crude prices for more than 4%, registered the lowest level since late last November, with the dissipated most of the gains that followed the reduction of OPEC production agreement last year, due to investor concerns about oversupply in world markets.
The increased landing after delegates of the Organization of the Petroleum Exporting Countries {OPEC} said that the organization and other countries producing reduce the likelihood of further reducing production from the current level when producers meet on May 25.
By 1608 GMT, US crude $ 2.05 or the equivalent of 4.3 percent to $ 45.77 a barrel, while the global London Brent crude to $ 2.07, or 4.1 percent, down to $ 48.71 a barrel, down.
http://www.aljournal.com/eco/%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%8A%D9%87%D8%A8%D8%B7-%D9%85%D8%AA%D8%A3%D8%AB%D8%B1%D8%A7%D9%8B-%D8%A8%D8%AA%D8%AE%D9%85%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D9%82/
Baghdad Journal News
OPEC announced to export oil, falling crude prices for more than 4%, registered the lowest level since late last November, with the dissipated most of the gains that followed the reduction of OPEC production agreement last year, due to investor concerns about oversupply in world markets.
The increased landing after delegates of the Organization of the Petroleum Exporting Countries {OPEC} said that the organization and other countries producing reduce the likelihood of further reducing production from the current level when producers meet on May 25.
By 1608 GMT, US crude $ 2.05 or the equivalent of 4.3 percent to $ 45.77 a barrel, while the global London Brent crude to $ 2.07, or 4.1 percent, down to $ 48.71 a barrel, down.
http://www.aljournal.com/eco/%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%8A%D9%87%D8%A8%D8%B7-%D9%85%D8%AA%D8%A3%D8%AB%D8%B1%D8%A7%D9%8B-%D8%A8%D8%AA%D8%AE%D9%85%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D9%82/
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