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[ltr]The stability of oil prices is supported by a decline in US crude inventories[/ltr]
[ltr]Economie[/ltr]
From 2017-12-21 at 13:19 (Baghdad time)
[ltr]
[/ltr]
[ltr]Follow up of Mawazine News[/ltr]
[ltr]Oil prices stabilized on Thursday, supported by a drop in US crude inventories, but US production, which is fast approaching 10 million barrels per day (bpd), a level barely surpassed by Saudi Arabia and Russia, has prevented gains.[/ltr]
[ltr]US West Texas Intermediate crude futures were at $ 58.12 a barrel at 0701 GMT, unchanged from the previous settlement price.[/ltr]
[ltr]Brent crude, which recorded $ 64.56 a barrel, also stabilized.[/ltr]
[ltr]But the benchmark crude was up around 1 percent in previous sessions on data showing US crude inventories fell 6.5 million barrels over the week ending December 15 to 436 million barrels, the lowest level since October 2015.[/ltr]
[ltr]In contrast, a new increase in US crude oil production was announced, while an increase in gasoline inventories indicates a slowdown in demand[/ltr]
[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=
[/ltr]
[ltr]Economie[/ltr]
From 2017-12-21 at 13:19 (Baghdad time)
[ltr]
[/ltr][ltr]Follow up of Mawazine News[/ltr]
[ltr]Oil prices stabilized on Thursday, supported by a drop in US crude inventories, but US production, which is fast approaching 10 million barrels per day (bpd), a level barely surpassed by Saudi Arabia and Russia, has prevented gains.[/ltr]
[ltr]US West Texas Intermediate crude futures were at $ 58.12 a barrel at 0701 GMT, unchanged from the previous settlement price.[/ltr]
[ltr]Brent crude, which recorded $ 64.56 a barrel, also stabilized.[/ltr]
[ltr]But the benchmark crude was up around 1 percent in previous sessions on data showing US crude inventories fell 6.5 million barrels over the week ending December 15 to 436 million barrels, the lowest level since October 2015.[/ltr]
[ltr]In contrast, a new increase in US crude oil production was announced, while an increase in gasoline inventories indicates a slowdown in demand[/ltr]
[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=
[/ltr]
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