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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

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    Oil climbs with the continued decline in the production of Kuwait for the third day due to strike

    Rocky
    Rocky
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     Oil climbs with the continued decline in the production of Kuwait for the third day due to strike Empty Oil climbs with the continued decline in the production of Kuwait for the third day due to strike

    Post by Rocky Wed 20 Apr 2016, 4:01 am

    [size=48]Oil climbs with the continued decline in the production of Kuwait for the third day due to strike[/size]
    [size=32]
    1:03:07 a.m. 4.20.2016 |(Voice of Iraq Reuters) - Oil prices jumped more than three percent on Tuesday after he led a strike in Kuwait to adecline in crude output by about half , which dominates the decline inmorale after the producers to reach an agreement to install aproduction failure on Sunday.Continued thousands ofworkers strike in Kuwait 's oil sector for a third day to protest against the reform of thepublic sector pay plans which led to a decline in the country 'sproduction of crude to 1.5 million barrels aday , according to its statement to Kuwait news agency (KUNA) , citing aspokesman for the sector. and alittle more than the figure for half of theaverage Kuwait 's production in March, which amounted to 2.8 million barrels aday. aspokesman forworking oil and gas sector in Kuwait said on Tuesday that thestrike will continue until the abolition ofreforms wages planned public sector. traders said reports of power cuts led to lower production of Venezuela ,about 200 thousand barrels per day and afire at a pipeline in Nigeria may reduce output by 400 thousand barrels per day , has helped support crude prices. the stepped International benchmark Brent crude contracts for thenearest maturity of $ 1.12 , or about 2.61 per cent to settle at US $ 44.03 a barrel, while jumped US crude futures $ 1.30 or 3.27 percent to $ 41.08 a barrel.analysts said theproduction in Kuwait crashes will briefly likely that investors will return to focus soon on theoversupply of crude in themarket in light of large exporters failed to agree on theinstallation ofproduction on Sunday in aneffort to spare the market glut greater. the deputy Russian energy Minister Kirill Molodtsov on Tuesday that his country isconsidering increasing its production of crude this year and it is likely that the target level of 540 million tonnes of crude compared with 534 million tons last year.she said OPEC member Venezuela , it hopes toincrease itsexports of crude this year to 2.3 million barrels per day. portend increased production worsen theoversupply in the global markets, which led to a drop inprices to levels that are thelowest in several years where receive market supply exceeding demand by between one and two million barrels of crude per day.(preparation and serious Alfi Arab bulletin)Add comment

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