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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


    Oil prices rise as Saudi Arabia continues to cut output

    Rocky
    Rocky
    Rocky
    Admin Assist
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    Posts : 254127
    Join date : 2012-12-21
    • Post n°1

    Oil prices rise as Saudi Arabia continues to cut output Empty Oil prices rise as Saudi Arabia continues to cut output

    Post by Rocky Fri 23 Mar 2018, 8:53 am

    [size=30]Oil prices rise as Saudi Arabia continues to cut output[/size]
    23/03/2018 10:43 | Number of readings: 187
    font size:  Oil prices rise as Saudi Arabia continues to cut output Font_decrease  Oil prices rise as Saudi Arabia continues to cut output Font_enlarge
    Oil prices rise as Saudi Arabia continues to cut output Thumbnail.php?file=download_547294741
    [rtl]Trend Press / Agencies[/rtl]

    [rtl]Oil prices rose about 1 percent on Friday, driven by Saudi plans to extend production restrictions led by OPEC and Russia, which were implemented in 2017 until 2019 in order to narrow the gap between supply and demand.[/rtl]

    [rtl]Rising oil prices are a challenge to global stock markets, which have fallen on concern over a US-China trade confrontation. But gold, seen as a safe haven in times of economic turmoil, rose to a two-week high on Friday.[/rtl]


    [rtl]US President Donald Trump signed a memorandum on Thursday that could impose customs duties on China's $ 60 billion in imports as Beijing unveiled plans on Friday to impose tariffs on US imports worth up to $ 3 billion.[/rtl]


    [rtl]By 0549 GMT, US WTI crude futures rose 67 cents, or 1 percent, to $ 64.97 a barrel from the previous close.[/rtl]


    [rtl]London Brent crude <LCOc1> was up 61 cents, or 0.9 percent, at $ 69.52 a barrel. In the week, Brent is up about 5 percent in its strongest performance since July last year, while the WTI will rise 4.2 percent.[/rtl]


    [rtl]Saudi Energy Minister Khalid Al-Falih's comments on Thursday led to prices for Al Khameen futures. Al-Faleh said OPEC members should continue to coordinate with Russia and other non-OPEC oil producers in terms of supply restrictions in 2019 to reduce global oil stocks.[/rtl]


    [rtl]The organization and a group of non-member countries led by Russia signed an agreement in January 2017 to cut output by 1.8 million bpd to eliminate excess supply.[/rtl]

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    Rocky
    Rocky
    Rocky
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    • Post n°2

    Oil prices rise as Saudi Arabia continues to cut output Empty Oil prices rise globally after Saudi announcement

    Post by Rocky Sat 24 Mar 2018, 1:03 am

    [ltr]Oil prices rise globally after Saudi announcement[/ltr]
    [ltr]Economie[/ltr]
     Since 2018-03-23 ​​at 10:16 (Baghdad time)
    [ltr] Oil prices rise as Saudi Arabia continues to cut output 234414324[/ltr]
    [ltr]Follow - Mawazine News[/ltr]
    [ltr]World oil prices rose 1 percent on Friday, after Saudi Arabia announced plans to extend production restrictions.[/ltr]
    [ltr]OPEC and Russia are leading oil production restrictions, which are being implemented from 2017 to 2019 to reduce the gap between the volume of oil supply and global demand, Reuters reported.[/ltr]
    [ltr]While global investors are apprehensive of a US-China trade war, rising oil prices are challenging global equity markets, while gold has risen to a two-week high.[/ltr]
    [ltr]On Thursday, US President Donald Trump signed a memorandum aimed at imposing trade restrictions on China and asked the US Trade Representative, in a 15-day period, to provide a list of Chinese goods covered by tax increases.[/ltr]
    [ltr]Trump's fees for Chinese products are estimated to be about $ 60 billion, while Beijing will charge customs duties on US imports worth up to $ 3 billion.[/ltr]
    [ltr]US WTI crude futures rose 1 percent to $ 64.97 a barrel, while global Brent crude futures rose 0.9 percent to $ 69.52 a barrel.[/ltr]


    [ltr]Oil prices rise globally after Saudi announcement[/ltr]
    [ltr]Economie[/ltr]
    [ltr] Since 2018-03-23 ​​at 10:16 (Baghdad time)[/ltr]
    [ltr] Oil prices rise as Saudi Arabia continues to cut output 234414324[/ltr]
    [ltr]Follow - Mawazine News[/ltr]
    [ltr]World oil prices rose 1 percent on Friday, after Saudi Arabia announced plans to extend production restrictions.[/ltr]
    [ltr]OPEC and Russia are leading oil production restrictions, which are being implemented from 2017 to 2019 to reduce the gap between the volume of oil supply and global demand, Reuters reported.[/ltr]
    [ltr]While global investors are apprehensive of a US-China trade war, rising oil prices are challenging global equity markets, while gold has risen to a two-week high.[/ltr]
    [ltr]On Thursday, US President Donald Trump signed a memorandum aimed at imposing trade restrictions on China and asked the US Trade Representative, in a 15-day period, to provide a list of Chinese goods covered by tax increases.[/ltr]
    [ltr]Trump's fees for Chinese products are estimated to be about $ 60 billion, while Beijing will charge customs duties on US imports worth up to $ 3 billion.[/ltr]

    [ltr]US WTI crude futures rose 1 percent to $ 64.97 a barrel, while global Brent crude futures rose 0.9 percent to $ 69.52 a barrel.[/ltr]
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