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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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Iraqi statements raise oil prices

rocky
rocky
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Posts : 217737
Join date : 2012-12-21

Iraqi statements raise oil prices Empty Iraqi statements raise oil prices

Post by rocky Wed 20 Sep 2017, 3:50 am

Iraqi statements raise oil prices

Economy News _ Baghdad
Oil prices rose on Wednesday, after Iraq announced that OPEC and other producers of crude were considering extending or even cutting production further to recover from oversupply. WTI crude futures rose 37 cents, or 0.8 percent, to $ 49.85 a barrel at 0226 GMT.
Brent crude futures rose 25 cents, or 0.5 percent, to $ 55.39 a barrel.
Oil prices fell Tuesday, down from a 5-month high before a meeting between two major producers to discuss a possible extension of crude supply cuts.
Iraq's oil minister, OPEC's second largest producer, said the group was discussing several options for the supply agreement, including extending it beyond March and further cuts in production.



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