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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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    High oil prices

    Rocky
    Rocky
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    Posts : 282004
    Join date : 2012-12-21

    High oil prices Empty High oil prices

    Post by Rocky Tue 11 Jul 2017, 3:27 am

    High oil prices



    BAGHDAD (Reuters) -

    Oil prices rose on Tuesday, supported by strong demand in the coming weeks expectations, but the overall market conditions are still weak, due to the continuing glut of fuel supplies, which prompted a number of banks to reduce its forecast price.

    The price of a barrel of crude global measurement of Brent crude to $ 47.01, up 13 cents, or the equivalent of 0.3 percent from the previous close, as quoted by Reuters news agency, this morning (July 11, 2017).

    And it increased futures contracts for WTI US median ten cents or 0.2 percent to $ 44.50 a barrel.

    Traders said that the rise in prices was partly due to the expected demand force valuable coming weeks.

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