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[rtl]History of edits:: 27.05.2016 19:19 • 127 visits readable[/rtl]
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{International: Euphrates News} Oil prices fell nearly one percent on Friday, falling from the highest level in seven months as investors feared the possibility that rising crude prices lead and approached $ 50 a barrel to increase production despite the decline of oversupply in recent times due to some crashes supplies.
Price and was also subjected to pressure from the rising dollar , which has received support from a strong overall US economic data amid growing expectations for an imminent interest rate.
Commended Atth weekend stretch for three days States Altdh- because of a public holiday on Monday through some investors kept bets on crude rise .
fell raw International benchmark Brent 59 cents , or about 1.2 percent to $ 49 a barrel by 1439 GMT on Friday after US $ 50.51 a barrel in the previous session , its highest level since early November.
US crude fell 35 cents to $ 49.13 a barrel after touching US $ 50.21 a barrel on Thursday , its highest level since early October.
oil and surpassed $ 50 a barrel for the first time in nearly seven months on Thursday after some production in Canada as a result of forest fires , crashes there after attacks by gunmen in Nigeria helped to shrink daily production global rate of four million barrels.
http://alforatnews.com/modules/news/article.php?storyid=118090
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Oil prices fall on renewed fears of increase in production
[/rtl][rtl]History of edits:: 27.05.2016 19:19 • 127 visits readable[/rtl]
{International: Euphrates News} Oil prices fell nearly one percent on Friday, falling from the highest level in seven months as investors feared the possibility that rising crude prices lead and approached $ 50 a barrel to increase production despite the decline of oversupply in recent times due to some crashes supplies.
Price and was also subjected to pressure from the rising dollar , which has received support from a strong overall US economic data amid growing expectations for an imminent interest rate.
Commended Atth weekend stretch for three days States Altdh- because of a public holiday on Monday through some investors kept bets on crude rise .
fell raw International benchmark Brent 59 cents , or about 1.2 percent to $ 49 a barrel by 1439 GMT on Friday after US $ 50.51 a barrel in the previous session , its highest level since early November.
US crude fell 35 cents to $ 49.13 a barrel after touching US $ 50.21 a barrel on Thursday , its highest level since early October.
oil and surpassed $ 50 a barrel for the first time in nearly seven months on Thursday after some production in Canada as a result of forest fires , crashes there after attacks by gunmen in Nigeria helped to shrink daily production global rate of four million barrels.
http://alforatnews.com/modules/news/article.php?storyid=118090
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