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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 settles with market anticipation of US inventory data

    Rocky
    Rocky
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    Posts : 267048
    Join date : 2012-12-21

    Oil settles with market anticipation of US inventory data Empty Oil settles with market anticipation of US inventory data

    Post by Rocky Wed May 17, 2017 4:03 am

    Oil settles with market anticipation of US inventory data


    Oil prices were little on Tuesday as the market awaited weekly data for US stocks and the accession of Kuwait and other members of OPEC to Saudi Arabia and Russia to support the extension of the cut crude production until March 2018 to reduce global supply glut has changed.
    It is expected that crude oil inventories fall in the United States by about 2.3 million barrels in the week ending May 12, according to a Reuters survey. This will be the sixth consecutive week in which stocks fall after recording a record high at the end of March.
    And it decreased global Brent crude contracts for Brent crude to the nearest maturity of 17 cents or 0.33 percent to reach at 51.65 dollars a barrel settlement while US light crude futures fell 19 cents, or 0.39 percent, to close at $ 48.66.
    Goldman Sachs said that the bank will increase production from the OPEC members are excluded from the cuts. The US production of oil is also high by more than 10 percent since mid-2016, "Reuters"

    http://altaghier.tv/2017/05/17/%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%8A%D8%B3%D8%AA%D9%82%D8%B1-%D9%85%D8%B9-%D8%AA%D8%B1%D9%82%D8%A8-%D8%A7%D9%84%D8%B3%D9%88%D9%82-%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%AE%D8%B2/

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