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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

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


Oil jumps 8% this month

rocky
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Oil jumps 8% this month Empty Oil jumps 8% this month

Post by rocky Sun 26 Nov 2017, 3:09 am

Oil jumps 8% this month


Oil jumps 8% this month 3866
Economy News _ Baghdad
LONDON (Reuters) - Oil prices rose to their highest level in two years at the end of last week, according to an international report published on Sunday, citing strong reports by OPEC and Russia that an agreement would be drawn up to extend and expand oil production cuts until the end of next year.
"There is a state of agreement between Riyadh and Moscow on the need to announce an additional period of reductions at the upcoming producers' meeting in Vienna on November 30," said a report by World Oil, The two sides are still studying critical details, "according to figures close to and participated in the recent talks.
"Prices have risen by more than 8 per cent this month, with prices heading for the third consecutive monthly gain, the longest winning streak since May last year," the report said, warning that "the lack of agreement on continued market intervention will reduce "The supply could cause oil prices to drop immediately with any gains made last year in a relatively excluded situation - a halt to the cut production agreement."
"The world's top oil and gas exporters find joint cooperation and coordination an urgent need for a better future for the industry and to keep the market in a state of sustainable growth and increased profitability," the report said. "Everyone is aware that achieving those goals of prosperity will not Is achieved only through fruitful cooperation deals, first and foremost the extension of the work of production cuts. " 

http://economy-news.net/content.php?id=9900

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