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[rtl]History of edits:: 2.9.2016 13:42 • 59 visits readable[/rtl]
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{International: Euphrates News} Oil prices rose on Friday, boosted by the weak dollar in the previous session and the statements of Russian are in favor of installing production levels but crude futures remain on track to incur the biggest weekly loss in almost eight months.
Russian President Vladimir Putin said in a press statement that the agreement among oil exporters to stabilize production levels will be the right decision to support the market.
It is scheduled to members of the Organization of Petroleum Exporting Countries looking Petroleum {OPEC} the possible installation of production again at an informal meeting in Algeria during the period between 26 and 28 September.
the increased International benchmark Brent crude futures 23 cents at $ 45.68 a barrel by 0840 GMT , but it is heading towards decline of 8.5 percent over the week in the biggest weekly loss since mid - January.
the price of WTI US futures 19 cents at $ 43.35 a barrel , heading to incur a weekly loss rate of nine percent. the
dollar was steady against a basket of currencies on Friday , but he saw on Thursday and one of the worst sessions in the weeks after the contraction is expected to strip the US manufacturing sector was overshadowed by the strength of the economy ,US United 's biggest oil consumer in the world.
investors are awaiting the release of the jobs data in the US non - farm payrolls later on Friday for guidance on the performance of the US economy and if strong data came , they would be considered a factor enhances the chances of the US interest rate hike soon.
the interest rate rise to boost the dollar , including It may adversely affect the price of oil due to the high initial cost of the item holders of other currencies.
despite Putin 's remarks on Friday , there is a growing skepticism among traders that oil producers agree to install production during a meeting a month Alhala.anthy
http://alforatnews.com/modules/news/article.php?storyid=126251
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Oil prices rise to $ 45 a barrel
[/rtl][rtl]History of edits:: 2.9.2016 13:42 • 59 visits readable[/rtl]
{International: Euphrates News} Oil prices rose on Friday, boosted by the weak dollar in the previous session and the statements of Russian are in favor of installing production levels but crude futures remain on track to incur the biggest weekly loss in almost eight months.
Russian President Vladimir Putin said in a press statement that the agreement among oil exporters to stabilize production levels will be the right decision to support the market.
It is scheduled to members of the Organization of Petroleum Exporting Countries looking Petroleum {OPEC} the possible installation of production again at an informal meeting in Algeria during the period between 26 and 28 September.
the increased International benchmark Brent crude futures 23 cents at $ 45.68 a barrel by 0840 GMT , but it is heading towards decline of 8.5 percent over the week in the biggest weekly loss since mid - January.
the price of WTI US futures 19 cents at $ 43.35 a barrel , heading to incur a weekly loss rate of nine percent. the
dollar was steady against a basket of currencies on Friday , but he saw on Thursday and one of the worst sessions in the weeks after the contraction is expected to strip the US manufacturing sector was overshadowed by the strength of the economy ,US United 's biggest oil consumer in the world.
investors are awaiting the release of the jobs data in the US non - farm payrolls later on Friday for guidance on the performance of the US economy and if strong data came , they would be considered a factor enhances the chances of the US interest rate hike soon.
the interest rate rise to boost the dollar , including It may adversely affect the price of oil due to the high initial cost of the item holders of other currencies.
despite Putin 's remarks on Friday , there is a growing skepticism among traders that oil producers agree to install production during a meeting a month Alhala.anthy
http://alforatnews.com/modules/news/article.php?storyid=126251
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