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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


    Barrel oil producers are selling for less than $ 20

    Rocky
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    • Post n°1

    Barrel oil producers are selling for less than $ 20 Empty Barrel oil producers are selling for less than $ 20

    Post by Rocky Tue 19 Jan 2016, 3:34 am

    Barrel oil producers are selling for less than $ 20

     Since 01.19.2016 at 08:44 (GMT Baghdad)
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    Follow-up - the balance of News
    Pay the lifting of sanctions on Iran for crude futures prices to their lowest levels in 12 years and make levels below $ twenty-barrel in sight, but some producers are already living this painful reality.
    Sell ​​that group of producers some crude shipments at present market prices closer to ten dollars a barrel thanks to the abundance of raw materials, "high sulfur" that they produce and raw materials base of consumers prefer "light" high quality that comes from other origins.
    And ready producers of certain raw materials from Mexico, Venezuela, Canada and Iraq to confront what is even worse in light of Iran's readiness - finally liberated from international sanctions - to pump huge amounts of high-sulfur heavy raw materials in export markets.
    Some crude shipments Mexican prices of heavy and amounted to less than $ 13 a barrel seems to be downward pressure on the prices of raw materials difficult refining candidate for growing.
    This may impose additional pressure on the already allocated indices Brent and West Texas Intermediate, which have fallen about 20 percent since the beginning of the year to below $ 28 a barrel.
    Analysts said in Jah.ba.sa Energy "the sharp decline in prices has ravaged heavy ores which are often sold at large discounts from standard raw materials."
    In the town of Hardesta Canadian province of Alberta could buy a barrel of crude, which is the Canadian western North America from heavier crudes for less than $ 15 while producers need to price at least $ 43 in order to win.
    In early December, the Mexican national oil company Pemex has offered a discount on Asian buyers to load crude Mayan January amounted to about $ 12 a barrel from the average Khami the Sultanate of Oman and Dubai crude measurement, namely the Asian supply.
    But as oil prices fell more than ten dollars since then it has reduced the discount price virtually halved to about $ 12.50 per barrel on Monday. Ended 29/4 e


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