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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 near the lowest level in 7 months

rocky
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Oil near the lowest level in 7 months Empty Oil near the lowest level in 7 months

Post by rocky Thu 15 Jun 2017, 3:46 am

Oil near the lowest level in 7 months



2017/06/15 | 11:31
(Encyclopedia of this Day News | Iraq News ) - Economy News _ Baghdad: Oil prices fell near the lowest level in seven months in early trading Thursday, affected by the rise in global stocks and doubts in OPEC 's ability to implement production cuts.

The total crude futures for global measurement of Brent crude to $ 46.92 a barrel by 06:43 GMT, down 8 cents from the close in the previous session, which fell in which about 4 percent.

It decreased futures WTI US median 14 cents to $ 44.58 a barrel.

The near Van Alkiesaan recorded levels in November 2016 when it was announced production cuts by the Organization of the Petroleum Exporting Countries , OPEC - led in a bid to support prices.

Brent crude fell West Texas and 12 percent compared with the opening price on May 25, when the agreement was extended to cut production to the end of the first quarter of next year , rather than the end of the agreement this month.

This is due to the fact that Nigeria and Libya , OPEC members were Aafahma from cuts, seen an increase in their output as undermining efforts led by Saudi Arabia.

At the same time , production jumped in the United States, which do not participate in the agreement, 10 percent during the last year to 9.33 million barrels per day.

https://hathalyoum.net/articles/1318469-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%82%D8%B1%D8%A8-%D8%A3%D8%AF%D9%86%D9%89-%D9%85%D8%B3%D8%AA%D9%88%D9%89-%D9%81%D9%8A-7-

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