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Oil prices are higher and Brent crude is trading at $ 64.55 per barrel
March
March
[rtl][rtl]Oil[/rtl]
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Oil prices closed on Saturday, rising to keep prices below the experts' expectations of between $ 50 and $ 70.
Global Brent crude futures closed up 72 cents, or 1.13 percent, to settle at $ 64.55 a barrel, while US Intermediate crude futures rose 48 cents, or 0.79 percent, to close at $ 61.47 a barrel.
Although the benchmark crude ended the week with losses as Brent fell about 4 percent and US crude fell more than 3 percent, it remains within the expectations of the specialists.
In December 2017, the International Energy Agency (IEA) predicted price stability and the oil market in 2018, after higher demand and non-OPEC oil production at the same levels.
Analysts said OPEC's strong compliance with the cut-off agreement would support prices. However, increased oil production in the United States, which is not part of the global agreement, will curb price hikes.
A number of economists and analysts predicted that the average price of global benchmark crude will reach $ 59.88 per barrel in 2018, up from $ 58.84 a barrel in the previous monthly survey.
In December 2017, the Malaysian national petroleum company Petronas expected oil prices to stabilize within the range of $ 50 to $ 60 a barrel.
http://www.thebaghdadpost.com/ar/story/89346/%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%81%D9%8A-%D8%AA%D8%B9%D8%A7%D9%85%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D9%8A%D9%88%D9%85-%D9%88%D8%AE%D8%A7%D9%85-%D8%A8%D8%B1%D9%86%D8%AA-%D9%8A%D8%B3%D8%AC%D9%84-64-55-%D8%AF%D9%88%D9%84%D8%A7%D8%B1%D8%A7-%D9%84%D9%84%D8%A8%D8%B1%D9%85%D9%8A%D9%84
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Follow-Up
[rtl]Oil prices closed on Saturday, rising to keep prices below the experts' expectations of between $ 50 and $ 70.
Global Brent crude futures closed up 72 cents, or 1.13 percent, to settle at $ 64.55 a barrel, while US Intermediate crude futures rose 48 cents, or 0.79 percent, to close at $ 61.47 a barrel.
Although the benchmark crude ended the week with losses as Brent fell about 4 percent and US crude fell more than 3 percent, it remains within the expectations of the specialists.
In December 2017, the International Energy Agency (IEA) predicted price stability and the oil market in 2018, after higher demand and non-OPEC oil production at the same levels.
Analysts said OPEC's strong compliance with the cut-off agreement would support prices. However, increased oil production in the United States, which is not part of the global agreement, will curb price hikes.
A number of economists and analysts predicted that the average price of global benchmark crude will reach $ 59.88 per barrel in 2018, up from $ 58.84 a barrel in the previous monthly survey.
In December 2017, the Malaysian national petroleum company Petronas expected oil prices to stabilize within the range of $ 50 to $ 60 a barrel.
http://www.thebaghdadpost.com/ar/story/89346/%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%81%D9%8A-%D8%AA%D8%B9%D8%A7%D9%85%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D9%8A%D9%88%D9%85-%D9%88%D8%AE%D8%A7%D9%85-%D8%A8%D8%B1%D9%86%D8%AA-%D9%8A%D8%B3%D8%AC%D9%84-64-55-%D8%AF%D9%88%D9%84%D8%A7%D8%B1%D8%A7-%D9%84%D9%84%D8%A8%D8%B1%D9%85%D9%8A%D9%84
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