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[ltr]Oil rose to $ 60.53 a barrel on expectations of a cut in production[/ltr]
Since 2017-10-30 at 09:23 (Baghdad time)
[ltr]
[/ltr]
[ltr]Follow up of Mawazine News[/ltr]
[ltr]Oil prices rose on Monday after the price of Brent crude hit $ 60 a barrel at the start of the deal on expectations of an extension of the OPEC-led cut in production, due to end in March.[/ltr]
[ltr]Brent crude futures were $ 60.53 a barrel by 0054 GMT, up 9 cents, or 0.15 percent, from the previous close.[/ltr]
[ltr]It is still close to the Brent high since July 2015 and has risen more than 36 percent since reaching its lowest level in 2017 in June.[/ltr]
[ltr]Futures for the WTI rose 13 cents, or 0.24 percent, to $ 54.03 a barrel.[/ltr]
[ltr]OPEC, Russia and nine other oil-producing countries have agreed to cut about 1.8 million barrels per day to get rid of oil supplies. The agreement is in effect until March 2018, but both Saudi Arabia and Russia, which lead the effort, have expressed their support for extending the deal.[/ltr]
[ltr]OPEC is due to meet formally at its headquarters in Vienna, Austria, on November 30, ending 29/43[/ltr]
https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.mawazin.net%2F%D8%A7%D9%84%D8%AC%D8%A8%D9%88%D8%B1%D9%8A-%D9%8A%D8%AA%D9%88%D8%AC%D9%87-%D8%A7%D9%84%D9%89-%D8%A7%D9%8A%D8%B1%D8%A7%D9%86-%D8%A8%D9%86%D8%A7-%D8%B9%D9%84%D9%89-%D8%AF%D8%B9%D9%88%D8%A9-%D8%B1%D8%B3%D9%85%D9%8A%D8%A9%2F%D8%B3%D9%8A%D8%A7%D8%B3%D9%8A%D8%A9&edit-text=
Since 2017-10-30 at 09:23 (Baghdad time)
[ltr]
[/ltr][ltr]Follow up of Mawazine News[/ltr]
[ltr]Oil prices rose on Monday after the price of Brent crude hit $ 60 a barrel at the start of the deal on expectations of an extension of the OPEC-led cut in production, due to end in March.[/ltr]
[ltr]Brent crude futures were $ 60.53 a barrel by 0054 GMT, up 9 cents, or 0.15 percent, from the previous close.[/ltr]
[ltr]It is still close to the Brent high since July 2015 and has risen more than 36 percent since reaching its lowest level in 2017 in June.[/ltr]
[ltr]Futures for the WTI rose 13 cents, or 0.24 percent, to $ 54.03 a barrel.[/ltr]
[ltr]OPEC, Russia and nine other oil-producing countries have agreed to cut about 1.8 million barrels per day to get rid of oil supplies. The agreement is in effect until March 2018, but both Saudi Arabia and Russia, which lead the effort, have expressed their support for extending the deal.[/ltr]
[ltr]OPEC is due to meet formally at its headquarters in Vienna, Austria, on November 30, ending 29/43[/ltr]
https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.mawazin.net%2F%D8%A7%D9%84%D8%AC%D8%A8%D9%88%D8%B1%D9%8A-%D9%8A%D8%AA%D9%88%D8%AC%D9%87-%D8%A7%D9%84%D9%89-%D8%A7%D9%8A%D8%B1%D8%A7%D9%86-%D8%A8%D9%86%D8%A7-%D8%B9%D9%84%D9%89-%D8%AF%D8%B9%D9%88%D8%A9-%D8%B1%D8%B3%D9%85%D9%8A%D8%A9%2F%D8%B3%D9%8A%D8%A7%D8%B3%D9%8A%D8%A9&edit-text=
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