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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

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Oil prices close higher and remain within the expectations of specialists Saturday 3 March

rocky
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Oil prices close higher and remain within the expectations of specialists Saturday 3 March Empty Oil prices close higher and remain within the expectations of specialists Saturday 3 March

Post by rocky Sat 03 Mar 2018, 3:35 am

Oil prices close higher and remain within the expectations of specialists





Saturday 3 March





Oil prices close higher and remain within the expectations of specialists Saturday 3 March NB-230791-636556625578766187



Oil prices closed on Saturday, rising to keep these prices within the expectations of specialists, between 50 and 70 dollars. 

Ended International benchmark Brent crude contracts for the trading session high 72 cents, or about 1.13 percent, to reach at 64.55 dollars settlement barrel while US Brent crude contract climbed West Texas Intermediate 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.





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