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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 on concerns OPEC output will be affected by an Arab diplomat

rocky
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Oil falls on concerns OPEC output will be affected by an Arab diplomat Empty Oil falls on concerns OPEC output will be affected by an Arab diplomat

Post by rocky Tue 06 Jun 2017, 7:49 am

Oil falls on concerns OPEC output will be affected by an Arab diplomat

economy  Since 2017-06-06 at 12:53 (Baghdad time)

Follow Mawazine News
Oil prices fell to continue below $ 50 a barrel on Tuesday on fears that a diplomatic spat between Qatar and Arab countries including Saudi Arabia could undermine OPEC's efforts to restore stability to the market.
Brent crude fell 15 cents to $ 49.32 a barrel by 0755 GMT, with the drop since May 25 to a tenth of a percent.
On May 25, OPEC and independent producers extended a policy of cutting oil production until the end of the first quarter of next year.
US light crude fell 15 cents to $ 47.25 a barrel.
Leading Arab states, including the United Arab Emirates, Saudi Arabia and Egypt, cut ties with Qatar on Monday and accused it of supporting "terrorism".


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