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Oil prices have fallen globally due to rising US supplies
November 17 2017 12:04 PM
November 17 2017 12:04 PM
[rtl][rtl]Oil falls amid concerns OPEC's cuts could affect the crisis between Qatar and Arab countries[/rtl]
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Oil prices mixed on Friday after recent declines, but the first weekly drop in six weeks amid rising US supplies and doubts about Russian support for further cuts in crude output.
At $ 06.23 a barrel, the price of crude for global benchmark Brent crude was down 13 cents from the previous close.
US crude <LCOc1> was $ 55.32 a barrel, up 18 cents.
Traders said strong US crude exports were driving West Texas.
But crude is still down between 2 and 4 percent over the week on worries about US production and stockpiles after both crude hit the highest level since 2015 last week.
Count
http://www.thebaghdadpost.com/ar/story/64443/%D8%AA%D8%B1%D8%A7%D8%AC%D8%B9-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A7-%D8%A8%D8%B3%D8%A8%D8%A8-%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9-%D8%A7%D9%84%D8%A7%D9%85%D8%AF%D8%A7%D8%AF%D8%A7%D8%AA-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9
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Baghdad Post
[rtl]Oil prices mixed on Friday after recent declines, but the first weekly drop in six weeks amid rising US supplies and doubts about Russian support for further cuts in crude output.
At $ 06.23 a barrel, the price of crude for global benchmark Brent crude was down 13 cents from the previous close.
US crude <LCOc1> was $ 55.32 a barrel, up 18 cents.
Traders said strong US crude exports were driving West Texas.
But crude is still down between 2 and 4 percent over the week on worries about US production and stockpiles after both crude hit the highest level since 2015 last week.
Count
http://www.thebaghdadpost.com/ar/story/64443/%D8%AA%D8%B1%D8%A7%D8%AC%D8%B9-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A7-%D8%A8%D8%B3%D8%A8%D8%A8-%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9-%D8%A7%D9%84%D8%A7%D9%85%D8%AF%D8%A7%D8%AF%D8%A7%D8%AA-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9
[/rtl]
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