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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 prices rise on expectations of Chinese demand

    rocky
    rocky
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    • Post n°1

    Oil prices rise on expectations of Chinese demand Empty Oil prices rise on expectations of Chinese demand

    Post by rocky Thu 12 Jan 2017, 3:50 am

    [ltr]Oil prices rise on expectations of Chinese demand[/ltr]

     Since 01.12.2017 at 11:42 (Baghdad time)
    [ltr]Oil prices rise on expectations of Chinese demand 30[/ltr]
    [ltr]Follow-up scales News[/ltr]
    [ltr]Oil prices rose on Thursday, supported by expectations of strong demand growth in China and signs that OPEC members have begun to cut production, but rising US crude inventories and abundant global supplies Eekphan markets.[/ltr]
    [ltr]By 0717 GMT, futures prices for Brent reached 55.30 dollars a barrel, up 20 cents from the previous close.[/ltr]
    [ltr]Futures US crude price of West Texas Intermediate surged 52.32 dollars a barrel, up seven cents.[/ltr]
    [ltr]Traders said Brent receives support from auto sales in China, where recorded a 13.7 percent growth in 2016 to reach 28 million units.[/ltr]
    [ltr]The China National Petroleum Corporation (CNPC) on Thursday said net oil imports will rise 5.3 percent to 396 million tons (about eight million barrels per day) in 2017.[/ltr]
    [ltr]In terms of supply appeared details on Saudi Arabia to cut supplies in the framework of the Organization of Petroleum Exporting Countries efforts to curb global supply glut.[/ltr]
    [ltr]Despite some cuts in February supplies to China, India, Malaysia, the UK - the largest oil exporter in the world - deductions focused on Europe and the United States to protect adult customers in Asia.[/ltr]
    [ltr]He said OPEC member Iraq on Thursday it cut its production of 160 thousand barrels per day since the beginning of January.[/ltr]
    [ltr]He added that by the end of this month will decrease production of 210 thousand barrels per day. And many analysts expected Iraq not to commit to reductions agreed Alleha.anthy 29 / A 43[/ltr]




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