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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


    Thanks to high oil prices, a falling dollar and lower production

    Rocky
    Rocky
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    Posts : 253661
    Join date : 2012-12-21

    Thanks to high oil prices, a falling dollar and lower production Empty Thanks to high oil prices, a falling dollar and lower production

    Post by Rocky Wed 25 Jan 2017, 1:03 am

    Thanks to high oil prices, a falling dollar and lower production

    economy  Since 24/01/2017 14:10 (Baghdad time)

    Follow-up scales News
    Oil prices rose on Tuesday, with the market recovery thanks to the falling US dollar and announced production cuts by OPEC and other producers, but the growth of drilling activities in the United States most likely will limit oil gains.
    By 0741 GMT, the International benchmark Brent crude up 38 cents, or about 0.7 percent, to $ 55.61 a barrel rose. And increased US West Texas Intermediate crude 37 cents to $ 53.12 a barrel.
    The dollar languished near its lowest level in seven weeks under pressure from fears of the impact of trade protection policies adopted by US President Donald Trump.
    He said ministers representing members of the Organization of Petroleum Exporting Countries Countries (OPEC) and producers from outside during a meeting in Vienna on Sunday he was already reduced production by 1.5 million barrels out of about 1.8 million barrels per day agreed by the producers.
    She said Bernstein Energy that global oil inventories fell 24 million barrels to 5.7 billion barrels in the fourth quarter of last year compared with the previous quarter. However, these amounts represent only 60 days of world oil consumption.
    He said Iraq's oil minister on Monday that most of the major oil companies operating in the country is involved in crude production cuts, which were agreed upon in the framework of the OPEC agreement.
    And compensate for an increase in US crude oil production production cuts by major producers.
    Data from Baker Hughes energy services company on Friday that US oil companies said excavators crude to produce the greatest pace in nearly four years to continue this rally in drilling activities have been going on eight Ochehr.anthy 29 / A 43

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