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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


    OPEC and Libya contribute to rising oil

    Rocky
    Rocky
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    Posts : 266471
    Join date : 2012-12-21

    OPEC and Libya contribute to rising oil Empty OPEC and Libya contribute to rising oil

    Post by Rocky Wed Mar 29, 2017 3:19 am

    OPEC and Libya contribute to rising oil


    History of edits:: 2017/3/28
    {International: Euphrates News} Oil prices rose nearly two percent on Tuesday, after a sharp crash in the Libyan crude supplies and by statements predict that OPEC production cuts may extend the agreement to the end of the year.
    A source said NOC in Libya that armed groups in the fields of production disruption spark and meet the country 's western country, reducing the supply of 252 thousand barrels per day , or almost a third.
    Oil Corporation declared force majeure on crude oil from the downloads spark field.
    The futures rose for Brent crude 95 cents, equivalent to 1.9 percent to $ 51.70 a barrel.
    The increased US crude West Texas Intermediate 84 cents , or 1.8 percent , to $ 48.57 a barrel.
    Said Tim Evans , a specialist energy contracts with Citi Futures in a note " to close oil fields Libyan, supports the market today in light of the lack of clarity of the timing of the possible restart after the closure of a major pipeline.
    " Previous outages lasted for periods ranging from a few days and two years , but the need for oil revenues will be a strong incentive to negotiate a re - opening sooner pipeline rather than later. "
    said Iranian oil Minister Bijan Zanganeh is likely to extend a global agreement to curb oversupply , which plunged the prices for nearly two years , until after June , but there is a need for time to discuss the issue in a comprehensive discussion of Oola.anthy

    http://alforatnews.com/modules/news/article.php?storyid=140581

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