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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 rise to three-week highs

    Rocky
    Rocky
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    Posts : 267081
    Join date : 2012-12-21

    Oil prices rise to three-week highs Empty Oil prices rise to three-week highs

    Post by Rocky Wed 21 Mar 2018, 2:45 am

    Oil prices rise to three-week highs
    March 21 2018 10:29 p
    Oil prices rise to three-week highs 10201723144334208979233
    [rtl][rtl]Oil extraction platforms - archival[/rtl]
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    Baghdad Post
    [rtl]


    Oil prices rose more than 2% in the past few hours to their highest level in three weeks due to tensions in the Middle East and the possibility of further declines in Venezuela's production, which helped to reduce the impact of the growth of crude production in the United States. 

    On Wednesday, the world's benchmark Brent crude was $ 67.56 a barrel, up 14 cents, or 0.21 percent. US benchmark WTI futures rose to $ 63.67 a barrel, up 13 cents, or 0.20 percent.


    The benchmark indexes posted the biggest gains yesterday and Wednesday morning in terms of the percentage since March 9.


    On the eve of a meeting between Saudi Crown Prince Mohammed bin Salman and US President Donald Trump, Saudi Arabia on Monday described the nuclear deal signed by Iran and the West as "a flawed deal."


    Oil markets have also been supported by a drop in crude output in Venezuela, which has halved since 2005 to less than 2 million bpd due to an economic crisis in the OPEC member country.


    But increased production in the United States, Canada and Brazil is constraining oil price gains. US oil production has jumped more than 20 percent since mid-2016 to 10.38 million bpd.



    http://www.thebaghdadpost.com/ar/story/93456/%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-%D8%A5%D9%84%D9%89-%D8%A3%D8%B9%D9%84%D9%89-%D9%85%D8%B3%D8%AA%D9%88%D9%8A%D8%A7%D8%AA%D9%87%D8%A7-%D9%81%D9%8A-%D8%AB%D9%84%D8%A7%D8%AB%D8%A9-%D8%A3%D8%B3%D8%A7%D8%A8%D9%8A%D8%B9
    [/rtl]

      Current date/time is Thu 28 Mar 2024, 8:03 am