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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

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    Oil falls to $ 50 a barrel, with an increase of US rigs

    Rocky
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    Oil falls to $ 50 a barrel, with an increase of US rigs Empty Oil falls to $ 50 a barrel, with an increase of US rigs

    Post by Rocky Mon 13 Mar 2017, 6:23 am

    Oil falls to $ 50 a barrel, with an increase of US rigs
    Oil falls to $ 50 a barrel, with an increase of US rigs


    2017/03/13 | 13:51
    (Encyclopedia of the Day News | Iraq News ) - Economy
    Since 13/03/2017 13:14 pm (Baghdad time)

    Follow-up scales News

    Oil prices dropped to its lowest level in three months, on Monday, despite the efforts of OPEC's efforts to cut crude production due to the continued increase in the number of drilling rigs in the United States.

    Hostel International benchmark Brent crude 39 cents , or about 0.8 percent to $ 50.98 a barrel by 0553 GMT , its lowest level since Nov. 30.

    The crude had closed the previous session down 1.6 percent at $ 51.37 a barrel.

    The decline in US crude West Texas Intermediate 45 cents including Iozay 0.9 percent to $ 48.04 a barrel, the lowest level since Nov. 30.

    Brent and heading down for the fifth straight day , the longest losing streak of its kind since the fourth of November , which lasted for six days.

    Crude lost during this wave of 8.8 percent of its value , its worst performance since mid - June in June 2016.

    And heading WTI to incur losses for the sixth straight day, losing 9.8 percent.

    The falling prices with increased drilling rigs drilling for oil in the United States and the growth of crude inventories in the United States, the largest consumer in the world to a record level Kiesaa.anthy 29 / A 43

    The opinions expressed below do not reflect the balance of opinion News site, but rather reflect the views of their owners only.
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