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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


Oil prices fall after US crude inventories fall

rocky
rocky
NNP TEAM
NNP TEAM


Posts : 225569
Join date : 2012-12-21

Oil prices fall after US crude inventories fall Empty Oil prices fall after US crude inventories fall

Post by rocky Thu 02 Nov 2017, 4:07 am

Oil prices fall after US crude inventories fall

Oil prices fall after US crude inventories fall 3381
Economy News _ Baghdad
Oil prices fell in volatile trading on Thursday, hitting their highest level in more than two years and then retreated after data from the US Energy Information Administration showed a fall in crude stocks much lower than reported by the American Petroleum Institute. 
While oil has closed lower, the world's benchmark Brent crude and US benchmark WTI have both remained close to their highest levels since July 2015 as markets gain support from a decline in global supplies. According to Reuters 
, the US Energy Information Administration said crude oil inventories in the United States fell by 2.4 million barrels last week, exceeding the expectations of analysts in a Reuters poll for a decrease of 1.8 million barrels, but less than the volume of decline of 5.1 million barrels reported by the American Petroleum Institute .
Brent crude futures closed down 45 cents, or 0.74 percent, to settle at $ 60.49 a barrel. 
US crude fell 8 cents, or 0.15 percent, to $ 54.30 a barrel. 
Prior to the Energy Information Administration report, Brent contracts were trading at their highest level since July 2015, with data showing that OPEC has significantly improved its commitment to target levels in the supply reduction agreement and a widespread belief that Russia will remain a party to the deal.



    Current date/time is Sun 02 Oct 2022, 2:17 pm