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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 down 3% due to increased OPEC production and speculation in Brent

    Rocky
    Rocky
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    Oil down 3% due to increased OPEC production and speculation in Brent Empty Oil down 3% due to increased OPEC production and speculation in Brent

    Post by Rocky Tue 03 May 2016, 3:44 am

    [size=37]Oil down 3% due to increased OPEC production and speculation in Brent[/size]



    BAGHDAD Agencies
    Oil prices fell nearly three percent, with the approach of the Organization of Petroleum Exporting Countries producing oil from its highest level ever in light of record purchases for speculative purposes in the global measurement Brent sparked a wave of selling to take profits after big gains last week.
    A Reuters survey showed that OPEC crude oil production increased in April to 32.64 million barrels per day, just shy of its highest level so recently.
    And exports rose southern fields in Iraq in April also increased exports transported by sea from Russia's largest oil exporter outside OPEC.
    Traders attributed the decline in oil also rising inventories 821 thousand and 969 barrels in crude oil futures delivery point of US West Texas Intermediate at Cushing, Oklahoma for the week ending April 29.
    Brent rose 21.5 percent in April, its biggest monthly gain in seven years.
    And amounted to bets bulls Brent prices of all-time highs last week, while bookmakers have increased at an altitude of futures US crude and options contracts to the highest level in ten months, boosting see some investors that prices may have risen far too much speed.
    And determine the settlement price for the contract closest to maturity Brent July delivery down $ 1.54, equivalent to 3.3 percent at $ 45.83 a barrel, after falling earlier in the session to $ 45.72.
    And closed WTI down 1.14 dollars or 2.5 percent to $ 44.78 a barrel after it came down to $ 44.54.

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      Current date/time is Thu 28 Mar 2024, 2:57 pm