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[rtl]History of edits:: 02/10/2017 14:10 • 121 visits readable[/rtl]
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{International: Euphrates News} Oil prices climbed more than one percent on Friday after the International Energy Agency pointed to a record level of initial commitment of OPEC members implementing the historic agreement reached last year to curb production in order to strengthen global oil prices.
The IEA said in a report that members of the Organization of Petroleum Exporting Countries} {OPEC cut production in January , equivalent to 90 percent of the required reduction levels , a record level of commitment in the first month of the implementation of such agreements.
She said the agency "some producers, especially Saudi Arabia are reducing it seems larger than required as much."
And increased global London Brent crude 66 cents to $ 56.29 a barrel by 0938 GMT , after touching its highest level in the session at $ 56.39 a barrel , following the publication of the IAEA report directly.
Rose WTI US mediator in the Futures 56 cents to $ 56.56 for Brmel.anthy
http://alforatnews.com/modules/news/article.php?storyid=138579
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Oil climbs backing report refers to a record commitment to OPEC's agreement
[/rtl][rtl]History of edits:: 02/10/2017 14:10 • 121 visits readable[/rtl]
{International: Euphrates News} Oil prices climbed more than one percent on Friday after the International Energy Agency pointed to a record level of initial commitment of OPEC members implementing the historic agreement reached last year to curb production in order to strengthen global oil prices.
The IEA said in a report that members of the Organization of Petroleum Exporting Countries} {OPEC cut production in January , equivalent to 90 percent of the required reduction levels , a record level of commitment in the first month of the implementation of such agreements.
She said the agency "some producers, especially Saudi Arabia are reducing it seems larger than required as much."
And increased global London Brent crude 66 cents to $ 56.29 a barrel by 0938 GMT , after touching its highest level in the session at $ 56.39 a barrel , following the publication of the IAEA report directly.
Rose WTI US mediator in the Futures 56 cents to $ 56.56 for Brmel.anthy
http://alforatnews.com/modules/news/article.php?storyid=138579
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