Established in 2006 as a Community of Reality

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


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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


    Oil is retreating due to oversupply and economic fears

    Rocky
    Rocky
    Rocky
    Admin Assist
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    Posts : 269942
    Join date : 2012-12-21
    • Post n°1

    Oil is retreating due to oversupply and economic fears Empty Oil is retreating due to oversupply and economic fears

    Post by Rocky Thu 27 Dec 2018, 2:17 am

    Oil is retreating due to oversupply and economic fears


    Oil is retreating due to oversupply and economic fears 12103

    Oil prices fell on Thursday after jumping 8 percent in the previous session on fears of oil supplies and concern over the global economic slowdown, putting pressure on prices that received some support from the rise in equity markets.
    By 0634 GMT, Brent crude futures were down 22 cents, or 0.4 percent, at $ 54.25 a barrel. Prices rose 8 percent to $ 54.47 a barrel on Wednesday.
    US WTI futures fell 0.56 percent to $ 45.96 a barrel. It rose 8.7 percent to $ 46.22 a barrel in the previous session.
    The crude fell about 40 percent from the high levels it hit in October.
    The Organization of the Petroleum Exporting Countries (OPEC) and its allies such as Russia agreed at a meeting this month to cut output by 1.2 million bpd from January.
    Oil production hit record highs or nears in the United States, Russia and Saudi Arabia, where the United States pumped 11.6 million barrels of crude, exceeding Saudi and Russian output.
    Oil prices could be boosted by a preliminary Reuters survey on Wednesday and US crude inventories were expected to drop 2.7 million barrels in the week ending December 21 for the fourth straight week of declines.
    The US Petroleum Institute is publishing inventory data on Thursday, while the Energy Information Administration (EIA) will report on Friday.

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    Rocky
    Rocky
    Rocky
    Admin Assist
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    Posts : 269942
    Join date : 2012-12-21
    • Post n°2

    Oil is retreating due to oversupply and economic fears Empty Oil is retreating due to oversupply

    Post by Rocky Thu 27 Dec 2018, 2:48 am


    Oil is retreating due to oversupply

    11:30 - 27/12/2018



    Oil is retreating due to oversupply and economic fears %D9%86%D9%81%D8%B7-696x435
    Information / Baghdad ..
    Oil prices fell on Thursday after surging 8 percent in the previous session on concerns over oil supplies and concern about the global economic slowdown, pushing prices that received some support from the rise in equity markets.
    By 0634 GMT, Brent crude futures were down 22 cents, or 0.4 percent, at $ 54.25 a barrel. Prices rose 8 percent to $ 54.47 a barrel on Wednesday.
    US WTI futures fell 0.56 percent to $ 45.96 a barrel. It rose 8.7 percent to $ 46.22 a barrel in the previous session.
    The crude fell about 40 percent from the high levels it hit in October.
    The Organization of the Petroleum Exporting Countries (OPEC) and its allies such as Russia agreed at a meeting this month to cut output by 1.2 million bpd from January.
    Oil production hit record highs or nears in the United States, Russia and Saudi Arabia, where the United States pumped 11.6 million barrels of crude, exceeding Saudi and Russian output.
    Oil prices could be boosted by a preliminary survey by Reuters on Wednesday and US crude inventories were forecast to fall 2.7 million barrels in the week ending Dec. 21, the fourth straight week of declines. Ending / 25

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