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Neno's Place Established in 2006 as a Community of Reality


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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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    Brent falls at the lowest level in 5 months

    Rocky
    Rocky
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    Join date : 2012-12-21

    Brent falls at the lowest level in 5 months Empty Brent falls at the lowest level in 5 months

    Post by Rocky Fri 05 May 2017, 3:05 am

    Brent falls at the lowest level in 5 months

    Date: 05/05/2017 .

    Paid a glut of crude oil supply concerns in global markets on Friday, Brent prices fall to their lowest levels in more than five months.

    And waiting for crude oil markets around the world, any positive indicators raise their prices above the $ 50 barrier, especially keep about two months to the end of the production cut agreement.

    Members have begun in the "OPEC" and independent producers, the beginning of this year, officially cut production by 1.2 million barrels and 558 thousand barrels per day, respectively, for a period of 6 months ending in June next, in an attempt to stabilize global oil markets.

    And held members of the Organization of Petroleum Exporting Countries "OPEC", on the 25th of this month, a meeting to approve the possibility of extending the reduction of production an additional 6 months agreement.

    By the time (5:33 GMT) dropped the price of a barrel crude global measurement Brent July delivery rose 2.3% to $ 47.27 a barrel, down from Thursday's close of $ 48.38 price.

    The last time recorded oil prices, a lower barrier of $ 48 a barrel, on November 30 / November last, so hours before members of the "OPEC" to cut production agreement.

    The Joint Ministerial Committee of the Organization of Petroleum Exporting Countries "OPEC" recommended, producers and non-members during its last meeting in Kuwait in March / last March, the extension of the global agreement to cut oil production for an additional six months. It ended 25 m

    http://almaalomah.info/2017/05/05/economic/152980

      Current date/time is Tue 20 Feb 2024, 11:21 pm