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{International: Euphrates News} Oil prices fell on Monday, with the trend of dealers in the market to take profits after gains lasted three weeks.
The price of crude blend "Brent" to the nearest $ 44.84 entitlement barrel, backing away 27 cents or 0.60 percent from the last adjustment to him.
And also lower the price of WTI US mediator by about 33 cents, or 0.75% to $ 43.40 a barrel.
Analysts attributed the market the decline of the traders brokers in the market toreap profits after the rise in prices as long as three weeks as a result of the return of the hopes for the prospects of the Chinese economy, and expected to resume talks on the reduction of oil production.
the prices were collapsed early last week after the failure of the Doha meeting for several oil - producing countries to reach an agreement to freeze the production, but the strike witnessed by the Kuwaiti oil installations and signs of recovery in theChinese market, helped to reduce the decline in black gold prices.
analysts say that prices are still based on the hopes of reaching an agreement to freeze production through the Organization of petroleum exporting countries meeting . " OPEC "expected in June / Huzeiran.anthy
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Brent crude was at $ 44.84 a barrel
History of edits:: 04.25.2016 14:17 • 86 visits readable[/rtl]
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{International: Euphrates News} Oil prices fell on Monday, with the trend of dealers in the market to take profits after gains lasted three weeks.
The price of crude blend "Brent" to the nearest $ 44.84 entitlement barrel, backing away 27 cents or 0.60 percent from the last adjustment to him.
And also lower the price of WTI US mediator by about 33 cents, or 0.75% to $ 43.40 a barrel.
Analysts attributed the market the decline of the traders brokers in the market toreap profits after the rise in prices as long as three weeks as a result of the return of the hopes for the prospects of the Chinese economy, and expected to resume talks on the reduction of oil production.
the prices were collapsed early last week after the failure of the Doha meeting for several oil - producing countries to reach an agreement to freeze the production, but the strike witnessed by the Kuwaiti oil installations and signs of recovery in theChinese market, helped to reduce the decline in black gold prices.
analysts say that prices are still based on the hopes of reaching an agreement to freeze production through the Organization of petroleum exporting countries meeting . " OPEC "expected in June / Huzeiran.anthy
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