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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 prices fell due to weak refining activities in China

    Rocky
    Rocky
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     Oil prices fell due to weak refining activities in China Empty Oil prices fell due to weak refining activities in China

    Post by Rocky Mon 14 Aug 2017, 4:33 am

    Oil prices fell due to weak refining activities in China




    Crude oil prices fell on Monday as China's refining activity slowed, casting doubt on future demand for crude there, while rising oil production in the United States suggests supply will probably remain high.

    Brent crude was trading at $ 51.92 a barrel by 0652 GMT, down 18 cents, or 0.4 percent from the previous close.

    WTI fell 12 cents, or 0.3 percent, to $ 48.70 a barrel.

    China's refineries increased 0.4 percent in July from a year ago to 45.5 million tonnes, or 10.71 million bpd, according to National Statistics Bureau data released on Monday.

    According to Reuters calculations, it is the smallest amount on a daily basis since September 2016.


    http://economy-news.net/content.php?id=8647

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