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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 prices continue to decline after the failure of the Doha meeting

    Rocky
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    Oil prices continue to decline after the failure of the Doha meeting Empty Oil prices continue to decline after the failure of the Doha meeting

    Post by Rocky Tue 19 Apr 2016, 3:08 am

    [ltr]Oil prices continue to decline after the failure of the Doha meeting[/ltr]

     Since 04.19.2016 at 10:02 (Baghdad time)
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    [ltr]Follow-up scales News[/ltr]
    [ltr]Oil prices continued to fall on Tuesday, after the Doha meeting overshadowed by the failure of any effect could be caused by a strike of oil workers in Kuwait, the major producing state.[/ltr]
    [ltr]Oil prices fell early on Monday, the day after the failure of the producing countries to reach an agreement in Doha on the freezing of production to support prices.[/ltr]
    [ltr]However, the decline less during the day with the start of strike by thousands of workers in the oil sector in Kuwait, in protest against the government's proposals say it will reduce the salaries of employees in the public sector.[/ltr]
    [ltr]After a slight improvement in early Tuesday, returned price of a barrel of oil, "West Texas" Reference for May delivery retreated 18 cents to record US $ 39.60 a barrel, Inma decline in the price of a barrel of oil "Brent" Reference delivery June 27 cents to $ 42.64 for Brmel.anthy 29 / D 24[/ltr]


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    Oil prices continue to decline after the failure of the Doha meeting Empty Out of bounds

    Post by Rocky Tue 19 Apr 2016, 4:39 am

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    Out of bounds




    New York 
    falling prices due to the Doha agreement fails 
    Oil prices fell, on Monday, after it collapsed ameeting of the top oil producers in the Qatari capital Doha , without reaching an agreement to install the production, putting the credibility of the Organization of Petroleum Exporting Countries (OPEC) is on the line and let theworld replete with a large surplus of supply fuel is required. has 
    been blamed on tensions between Saudi Arabia and Iran , the meeting failed to reach an agreement , which renewed fears of the expansion of the top producers for the battle against market share by offering deeper cuts. 
    said Peter Lee , oil analyst at BMI Research of the Fitch credit rating , " the credibility of OPEC in production coordinate reached rock bottom now .. It 's not about the oil - for Saudis only it 's about more regional policy."Geneva gold rises amid rush to buy gold rose, on Monday, after oil producers failed to agree on production freeze what Hui crude oil and stock prices and boosted demand for the yellow metal as a safe haven. the inn US crude by as much as 6.8 percent to $ 37.61 a barrel, while it has Brent crude seven percent to $ 40.10 a barrel. and landed Asian stocks with the oil decline in futures , while the yen , which is a safe haven ascended. Berlin European stocks fall European stocks fell in early trade on Monday, led oil stocks downward trend due to the slump after he had finished the Doha meeting of major oil - exporting countries without an agreement to install production. the inn index oil Sub and gas 3.4 percent , its biggest loss at the level of sub - indices and landed Royal Dutch, Total and Eni shares more than three percent. the inn FTSEurofirst 300 index of European shares 1.2 percent by 0710 GMT. fell Financial British FTSE 1.04 percent and the CAC 40 French 1.38 percent and the German DAX 1.17 percent. Cairo dollar exceed 10.50 pounds for the first timeseven dealers said in the parallel market currency in Egypt, told Reuters on Monday, said that the dollar continued breakthroughs on the black market to exceed 10.50 pound level for the first time in its history. did the efforts of the bank to succeed Central during the last period , whether to reduce currency or exceptional bids or closing exchange companies in eliminating the black market or even mitigate the decline in the pound in. the central bank has lowered the value of the pound to 8.85 pounds to the dollar from 7.73 pounds on March 14 announced that it will adopt a price a more flexible exchange rate. Central and raise the price a little later the pound to 8.78 pounds to the dollar, but experts say that the pound is still inflated in value. The new official rate for the pound in the interbank 8.78 pounds , while individuals buying the dollar from the banks at aprice of 8.88 pounds.

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    Oil prices continue to decline after the failure of the Doha meeting Empty Bamufad: Problems encountered oil producers meeting in Doha .. and Iran urges OPEC members to accept

    Post by Rocky Tue 19 Apr 2016, 4:42 am

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    Bamufad: Problems encountered oil producers meeting in Doha .. and Iran urges OPEC members to accept the return of the market


     Doha / Reuters 

    Sources told Reuters that the meeting of oil -producing countries from inside and outside OPEC to agree to freeze the level of production encountered problems at the last minute in Qatar, on Sunday, because of what appears to be a new escalation in tensions between Saudi Arabia and Iran. 
    He met with the ministers of oil with the Emir of Qatar Sheikh Tamim bin Hamad Al Thani , who played apivotal role in promoting the installation of production in the months Alojerh- an effort to save the agreement aimed to support the low oil prices. sources said that oil producers meeting of OPEC and outside will start in the Qatari capital in about 1200 or 1230 GMT to discuss the installation of production. the source said that "Saudi Arabia expressed its desire that the participation of all countries in the talks , despite the insistence earlier to exclude Iran because Tehran has refused to install production." the source said , "is the Saudis everything in the early morning. want to join all OPEC members first." It is failure to conclude an agreement Aalmi- will be the first between the producers of OPEC and outside the 15 - year - old that authorized therenewal of the battle for market share among the top producers that may hinder the recent recovery in oil prices. rose Brent crude to around $ 45 a barrel , up nearly 6 per percent from the lows in January , thanks tooptimism about the agreement contributes to curbing oversupply that pushed prices down from highs of $ 115 a barrel in mid - 2014 and adopt Arabia tough stance toward Iran and is the only main producer in OPEC ,which refuses to participate in the freeze the level of production. Iran says it needs to regain market share after the lifting of international sanctions that were imposed in January. The Crown Saudi Crown Prince Mohammed bin Salman told Bloomberg that the kingdom will not inhibit its production unless approved all of the other major producers including Iran to stabilize production . It was not clear whether Saudi Arabia was the will adhere to this position during the talks. And confirmed more than 12 countries inside OPEC and outside the formal participation in the Doha meeting but the role of Iran remains the main issue that cast ashadow over the talks. As Iran said it would boycott the meeting to be held on Sunday - , Yesterday, between OPEC countries and other countries not members of the organization in Qatar because we do not agree on aplan to freeze oil production at January levels. and the relocation of the Ministry of oil Information Iranian online (Shana) from the Iranian Minister of oil Bijan Namdar Zanganeh as saying , "we were informed some OPEC members and non - members of OPEC , such as Russia that they must accept the fact that Iran return to the oil market. If froze Iran 's oil production at the level of February , it means that she will not be able totake advantage of the lifting of sanctions. " the sources said that" experts are trying to find an acceptable solution to the problem contributes the success of the talks. " According to the draft agreement, seen by Reuters in Doha, said that" the average daily output of crude oil every month will not exceed the levels recorded in January of this year. " the draft adds that" install production will continue until the beginning ofOctober October of this year and that producers will meet again in Russia in October to review the progress that has been made ​​in achieving sustained recovery in the oil market. " although the agreement will be animportant step for producers of oil, the international energy agency said last Thursday that it would be alimited impact on the global supply of crude , and it is unlikely that the markets regain their balance by 2017.
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