Established in 2006 as a Community of Reality

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Neno's Place Established in 2006 as a Community of Reality


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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


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    Rocky
    Rocky
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    Posts : 266471
    Join date : 2012-12-21

     Out of bounds Empty Out of bounds

    Post by Rocky Sat 20 Jan 2018, 1:44 am

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    Moscow: 
    Russian official expects a decision on oil production cuts in late spring or early summer , 
    quoted by Russian media , Russian Deputy Prime Minister Arkady Dvorkovich, saying that a decision on the global oil production cuts, may take the late spring or early summer , as soon as seen over the sustainability of the current trend in Raw markets. 
    Davoskovic said on Friday that oil prices, which hit their highest level since December 2014 earlier this week, could fall again.
     
    LONDON: The 
    dollar is approaching its lowest level in 3 years and is moving towards longer wave losses since the 2015 
    dollar fell near the lowest level in three years versus a basket of currencies on Friday, heading it towards landing the fifth week in a wave of losses may be the longest since May 2015 
    fell US currency To its lowest level since December 2014 this week. 
    The dollar index remained close to those levels on Friday, under pressure from fears the US government might stop working. The index fell 0.3 percent on Friday to 90.243, slightly above its Thursday low of 90.113. The index has lost about 2 percent since the beginning of this year. 
    The euro rose 0.3 percent to $ 1.2276, near a three-year high of $ 1.2323 hit on Wednesday.
    The US currency fell 0.5 percent against its Japanese counterpart to 110.60 yen. The yen recovered from its four-month low, which hit a record high of 110.19 yen on Wednesday.
     
    America: 
    Energy Agency: Oil markets are improving with the collapse of the production of Venezuela , 
    he said the International Energy Agency said on Friday that world oil markets are improving rapidly with the decline coming from Venezuela supplies, which recorded the largest decline in unplanned production during 2017 and that such supplies could fall more during In 2018. 
    Debt and infrastructure problems caused Venezuela's production in December to fall to 1.61 million bpd, a level close to the lowest in 30 years. That helped oil prices jump above $ 70 a barrel in early January, the highest level in three years. 
    "The public perception that the market is improving is clearly the dominant element," the agency which coordinates energy policies in industrialized countries said in its monthly report. Within this overall picture, there is growing concern about Venezuela's production.
    "Given Venezuela's spectacular debt and the deterioration of the oil network, this year's decline is likely to be greater ... US financial sanctions also make the operation of the Venezuelan oil sector more difficult. 
    According to the agency, as a result of the decline in supplies of Venezuela, the production of the Organization of the Petroleum Exporting Countries (OPEC) fell from crude in December to 32.23 million barrels per day, which increased the level of compliance with the agreement to cut supplies to 129 percent.






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