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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


    Fitch" cut its estimates for oil prices and natural gas

    Rocky
    Rocky
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    Posts : 268955
    Join date : 2012-12-21

    Fitch" cut its estimates for oil prices and natural gas Empty Fitch" cut its estimates for oil prices and natural gas

    Post by Rocky Sat 27 Feb 2016 - 5:45

    [ltr]Fitch" cut its estimates for oil prices and natural gas[/ltr]

     Since 02/26/2016 18:23 pm (Baghdad time)
    [ltr]Fitch" cut its estimates for oil prices and natural gas 1[/ltr]
    [ltr]  Follow - up scales News[/ltr]
    [ltr]Reduced agency "Fitch" its estimates for average oil and natural gas prices during the current year, due to higher "OPEC" production, and increasing inventories of crude.[/ltr]
    [ltr]In assessing the credit rating agency lowered its forecast for average oil prices to $ 35 a barrel this year, compared with a previous estimate of $ 45 a barrel.[/ltr]
    [ltr]And also it reduced the "Fitch" its forecast for natural gas prices to $ 2.25 per thousand cubic feet compared withprevious estimates of $ 2.50.[/ltr]
    [ltr]The agency noted that the reduction of oil prices forecast due to accumulation of stocks during the winter season ,which has seen a state of mild weather, in addition to high "OPEC" production of the highest of expectations, and thepresence of signs of slowing global economic growth.[/ltr]
    [ltr]She explained , "Fitch" that the oversupply of crude will continue to be present during the second half of this year, before the market reaches equilibrium in 2017.[/ltr]
    [ltr]The institution or agency Fitch , one of three companies magnify specialized credit rating and Almala.anthy 29 / D 24[/ltr]


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      Current date/time is Fri 26 Apr 2024 - 11:37