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Oil climbs ahead of the giant energy conference
March 05 2018 11:59 p
March 05 2018 11:59 p
[rtl][rtl]Conference of Serawick[/rtl]
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Oil prices rose early on Monday, ahead of a meeting between OPEC and US oil shale companies in Houston, raising expectations that oil-exporting nations OPEC may consider more ways to reduce the world's oil surplus.
The Brent crude was up 44 cents, or 0.68 percent, at $ 64.81 a barrel by 0135 GMT.
WTI rose 41 cents, or 0.67 percent, to $ 61.66 per barrel.
OPEC oil ministers are due to meet from the Organization of Petroleum Exporting Countries (OPEC) and other oil-producing nations in Houston, where the world's largest energy conference will begin on Monday.
OPEC Secretary-General Mohamed Barkindo and other OPEC officials are expected to hold a working dinner on Monday evening with oil shale officials on the sidelines of the conference.
The rise in oil production in the United States was an obstacle to OPEC's commitment to reducing global oil availability for long periods and supporting prices.
http://www.thebaghdadpost.com/ar/story/89826/%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%8A%D8%B5%D8%B9%D8%AF-%D9%82%D8%A8%D9%84-%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D8%B3%D9%8A%D8%B1%D8%A7%D9%88%D9%8A%D9%83-%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A7%D9%82-%D9%84%D9%84%D8%B7%D8%A7%D9%82%D8%A9
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[/rtl]
Baghdad Post
[rtl]Oil prices rose early on Monday, ahead of a meeting between OPEC and US oil shale companies in Houston, raising expectations that oil-exporting nations OPEC may consider more ways to reduce the world's oil surplus.
The Brent crude was up 44 cents, or 0.68 percent, at $ 64.81 a barrel by 0135 GMT.
WTI rose 41 cents, or 0.67 percent, to $ 61.66 per barrel.
OPEC oil ministers are due to meet from the Organization of Petroleum Exporting Countries (OPEC) and other oil-producing nations in Houston, where the world's largest energy conference will begin on Monday.
OPEC Secretary-General Mohamed Barkindo and other OPEC officials are expected to hold a working dinner on Monday evening with oil shale officials on the sidelines of the conference.
The rise in oil production in the United States was an obstacle to OPEC's commitment to reducing global oil availability for long periods and supporting prices.
http://www.thebaghdadpost.com/ar/story/89826/%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%8A%D8%B5%D8%B9%D8%AF-%D9%82%D8%A8%D9%84-%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D8%B3%D9%8A%D8%B1%D8%A7%D9%88%D9%8A%D9%83-%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A7%D9%82-%D9%84%D9%84%D8%B7%D8%A7%D9%82%D8%A9
[/rtl]
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