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Neno's Place Established in 2006 as a Community of Reality


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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


    Political fears raising oil and US supplies are limiting gains

    Rocky
    Rocky
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    Posts : 281327
    Join date : 2012-12-21

    Political fears raising oil and US supplies are limiting gains Empty Political fears raising oil and US supplies are limiting gains

    Post by Rocky Wed 02 May 2018, 3:40 am

    [ltr]Political fears raising oil and US supplies are limiting gains[/ltr]
    [ltr]Economie[/ltr]
     Since 2018-05-02 at 10:57 (Baghdad time)
    [ltr]Political fears raising oil and US supplies are limiting gains 25[/ltr]
    [ltr]Follow - Mawazine News[/ltr]
    [ltr]Oil prices rose on Wednesday on fears that the United States would impose sanctions on Iran, one of the biggest oil exporters, but increased US supplies limited gains.[/ltr]
    [ltr]As of 0658 GMT, Brent crude futures were trading at $ 73.42 a barrel, up 29 cents, or 0.4 percent, from the last close.[/ltr]
    [ltr]US WTI crude futures rose 45 cents, or 0.7 percent, to $ 67.70 a barrel.[/ltr]
    [ltr]Strong sentiment in the market was also strong in Dubai and Malaysia in April, the highest since November 2014 at 68.27 and 75.70 dollars per barrel, respectively.[/ltr]
    [ltr]Iran, a member of the Organization of the Petroleum Exporting Countries (OPEC), recovered as a major oil exporter in January 2016 after lifting international sanctions against Tehran in return for curbing Iran's nuclear program.[/ltr]
    [ltr]But the United States has expressed doubts about Iran's seriousness in imposing restrictions on its nuclear program and threatens US President Donald Trump to reinstate sanctions.[/ltr]
    [ltr]But other factors have prevented crude prices from rising further, such as the dollar's rise since mid-April and an increase in US oil inventories.[/ltr]
    [ltr]Crude inventories rose 3.4 million barrels to 432.575 million barrels in the week ending March 27, according to a report by the US Petroleum Institute on Tuesday.[/ltr]
    [ltr]is over[/ltr]
    [ltr]M[/ltr]


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