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[ltr]Oil falls as US drilling platforms increase[/ltr]
From 2017-12-04 at 10:28 (Baghdad time)
[ltr]
[/ltr]
[ltr]Follow up of Mawazine News[/ltr]
[ltr]Oil prices fell on Monday after US drilling experts increased the number of drilling platforms last week, but prices were not far from their highest level since mid-2015, boosted by a cut in production cuts.[/ltr]
[ltr]WTI fell 21 cents, or 0.3 percent, to $ 58.15 a barrel at 01:12 GMT.[/ltr]
[ltr]Brent futures were down 22 cents, or 0.4 percent, lower at $ 63.51 a barrel.[/ltr]
[ltr]Reuters reported that the number of drilling rigs in the United States rose sharply to 477, the number of active excavators a year ago.[/ltr]
[ltr]OPEC and non-OPEC producers, led by Russia, agreed to extend the production cuts agreement until the end of 2018.[/ltr]
[ltr]The agreement was due to expire by the end of next March, but Saudi Energy Minister Khalid al-Faleh told reporters that production cuts would last for another nine months.[/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=
From 2017-12-04 at 10:28 (Baghdad time)
[ltr]
[/ltr][ltr]Follow up of Mawazine News[/ltr]
[ltr]Oil prices fell on Monday after US drilling experts increased the number of drilling platforms last week, but prices were not far from their highest level since mid-2015, boosted by a cut in production cuts.[/ltr]
[ltr]WTI fell 21 cents, or 0.3 percent, to $ 58.15 a barrel at 01:12 GMT.[/ltr]
[ltr]Brent futures were down 22 cents, or 0.4 percent, lower at $ 63.51 a barrel.[/ltr]
[ltr]Reuters reported that the number of drilling rigs in the United States rose sharply to 477, the number of active excavators a year ago.[/ltr]
[ltr]OPEC and non-OPEC producers, led by Russia, agreed to extend the production cuts agreement until the end of 2018.[/ltr]
[ltr]The agreement was due to expire by the end of next March, but Saudi Energy Minister Khalid al-Faleh told reporters that production cuts would last for another nine months.[/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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