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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Oil prices rise to $ 52 a barrel on expectations of a cut in production

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 267933
    Join date : 2012-12-21

     Oil prices rise to $ 52 a barrel on expectations of a cut in production Empty Oil prices rise to $ 52 a barrel on expectations of a cut in production

    Post by Rocky Mon 24 Apr 2017, 4:01 am


    Oil prices rise to $ 52 a barrel on expectations of a cut in production



    2017/04/24 11:21
    (Encyclopedia of this day for news
    Since 2017-04-24 at 11:09 (Baghdad time)

    Follow Mawazine News

    Oil prices on Monday offset some of the big losses last week, driven by expectations that OPEC would extend its cut production agreement to 2017 in full but the continued increase in US drilling activities has limited gains.

    US crude futures rose 32 cents, or 0.64 percent, to $ 49.84 a barrel by 0649 GMT, but remain below the $ 50 level it dropped on Friday.

    London Brent crude <LCOc1> was up 35 cents, or 0.67 percent, at $ 52.31 a barrel.

    Oil prices fell a lot last week due to higher crude supplies despite the Organization of the Petroleum Exporting Countries (OPEC) and some other producers pledging to cut production by 1.8 million bpd for six months from January 1 to support the market.

    US companies have made oil drilling platforms for the 14th week in a row, reaching 688 drilling platforms, continuing a 11-month rally that is expected to boost US rock production in May, the biggest monthly increase in more than two years.

    A source said a committee set up by OPEC and other producers recommended extending output cuts for another six months after June to try to prevent a new price drop.

    The opinions expressed below do not reflect the opinion of Mawazine News, but reflect the views of their respective owners only.

    https://translate.googleusercontent.com/translate_c?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=https://hathalyoum.net/articles/1282477-%25D8%25A3%25D8%25B3%25D8%25B9%25D8%25A7%25D8%25B1-%25D8%25A7%25D9%2584%25D9%2586%25D9%2581%25D8%25B7-%25D8%25AA%25D8%25B1%25D8%25AA%25D9%2581%25D8%25B9-%25D8%25A5%25D9%2584%25D9%2589-52-%25D8%25AF%25D9%2588%25D9%2584%25D8%25A7%25D8%25B1-%25D9%2584%25D9%2584%25D8%25A8%25D8%25B1%25D9%2585%25D9%258A%25D9%2584-%25D9%2585%25D8%25AF%25D9%2581%25D9%2588%25D8%25B9%25D8%25A9-%25D8%25A8%25D8%25AA%25D9%2588%25D9%2582%25D8%25B9%25D8%25A7%25D8%25AA-&usg=ALkJrhhqeoiVTWy_q_qjaONCVYr89tcGqg

      Current date/time is Fri 12 Apr 2024, 4:48 pm