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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 rises and Brent below $ 50 ahead of OPEC meeting

rocky
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Oil rises and Brent below $ 50 ahead of OPEC meeting Empty Oil rises and Brent below $ 50 ahead of OPEC meeting

Post by rocky Fri Jul 21, 2017 4:41 am


Oil rises and Brent below $ 50 ahead of OPEC meeting

Oil prices rose on Friday ahead of an important meeting of major oil producing countries next week, but Brent remained below the $ 50 a barrel he briefly broke for the first time in six weeks during the previous session.
At 0658 GMT, Brent crude futures were up 10 cents, or 0.2 percent, at $ 49.40 a barrel.
US crude was up 7 cents, or 0.2 percent, at $ 46.99 a barrel.
Both crude stocks hit their highest level since early June in volatile trade during the previous session, led by data showing a sharp drop in US crude and fuel inventories last week.
"The impact of strong inventory declines announced earlier this week is still in the market," ANZ Bank said.
Rick Spooner, chief market analyst at CMC Markets in Sydney, said the inventory decline could continue in the near term but overall inventory levels this year would probably remain higher than in 2016.
US oil inventories of about 490 million barrels remain well above the five-year average, while US production has risen about 12 percent since mid-2016 to 9.4 million bpd.
Source: Kowoora

http://altaghier.tv/2017/07/21/%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%8A%D8%B1%D8%AA%D9%81%D8%B9-%D9%88%D8%A8%D8%B1%D9%86%D8%AA-%D8%AF%D9%88%D9%86-50-%D8%AF%D9%88%D9%84%D8%A7%D8%B1%D8%A7-%D9%82%D8%A8%D9%8A%D9%84-%D8%A7%D8%AC%D8%AA/

    Current date/time is Tue Aug 16, 2022 5:42 am