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Low oil prices with concerns about US production
08 January 2018 12:15 PM
[rtl] Mubasher: Oil prices fell during Monday's trading, despite the decline in the activity of drilling for crude in the United States, but the fears of increased US production of crude controls the dealings of investors.[/rtl]
[rtl]
By 9:10 am GMT, the price of Brent crude futures fell by 0.09% to $ 67.56 a barrel.
While the price of NYMEX crude futures contract at 61.48 dollars a barrel by 0.07%.
US crude production is expected to exceed 10 million barrels per day soon, an obstacle to OPEC's cut-off agreement.
On the other hand, Baker Hughes data released last week revealed a decline in the number of oil drilling platforms in the United States by 5 platforms.
https://www.mubasher.info/news/3209909/%D8%A7%D9%86%D8%AE%D9%81%D8%A7%D8%B6-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%85%D8%B9-%D8%A7%D9%84%D9%85%D8%AE%D8%A7%D9%88%D9%81-%D8%A8%D8%B4%D8%A3%D9%86-%D8%A7%D9%84%D8%A5%D9%86%D8%AA%D8%A7%D8%AC-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A
[/rtl]
08 January 2018 12:15 PM[rtl] Mubasher: Oil prices fell during Monday's trading, despite the decline in the activity of drilling for crude in the United States, but the fears of increased US production of crude controls the dealings of investors.[/rtl]
[rtl]
By 9:10 am GMT, the price of Brent crude futures fell by 0.09% to $ 67.56 a barrel.
While the price of NYMEX crude futures contract at 61.48 dollars a barrel by 0.07%.
US crude production is expected to exceed 10 million barrels per day soon, an obstacle to OPEC's cut-off agreement.
On the other hand, Baker Hughes data released last week revealed a decline in the number of oil drilling platforms in the United States by 5 platforms.
https://www.mubasher.info/news/3209909/%D8%A7%D9%86%D8%AE%D9%81%D8%A7%D8%B6-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%85%D8%B9-%D8%A7%D9%84%D9%85%D8%AE%D8%A7%D9%88%D9%81-%D8%A8%D8%B4%D8%A3%D9%86-%D8%A7%D9%84%D8%A5%D9%86%D8%AA%D8%A7%D8%AC-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A
[/rtl]
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