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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


    Oil at the highest level since November 2014 due to concerns about Venezuela and Iran

    Rocky
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    • Post n°1

    Oil at the highest level since November 2014 due to concerns about Venezuela and Iran Empty Oil at the highest level since November 2014 due to concerns about Venezuela and Iran

    Post by Rocky Mon 07 May 2018, 2:40 am

    [ltr]Oil at the highest level since November 2014 due to concerns about Venezuela and Iran[/ltr]
    [ltr]Economie[/ltr]
     Since 2018-05-07 at 08:54 (Baghdad time)
    [ltr]Oil at the highest level since November 2014 due to concerns about Venezuela and Iran 29[/ltr]
    [ltr]Follow - Mawazine News[/ltr]
    [ltr]US crude oil rose above $ 70 a barrel on Monday for the first time since November 2014, while Brent crude climbed to a new high as Venezuela's economic crisis worsened, threatening the country's already low supply.[/ltr]
    [ltr]There is growing concern that a decision on whether the United States will withdraw from the nuclear deal with Iran and impose sanctions on Tehran is on the horizon.[/ltr]
    [ltr]By 0416 GMT, Brent crude futures were up $ 75.71 a barrel, up 84 cents, or 1.12 percent, compared with the previous close, having jumped to $ 75.89 a barrel earlier in the session, the highest level since November 2014.[/ltr]
    [ltr]US WTI crude futures rose 66 cents, or 0.95 percent, to $ 70.39 a barrel.[/ltr]
    [ltr]"Crude oil prices have risen because concerns over the impact of the US withdrawal from the nuclear deal with Iran continue to drive investor sentiment," ANZ Bank said on Monday.[/ltr]
    [ltr]"This week's big story about oil and the nuclear deal, we know President Trump does not like it," said Greg McKenna, chief market analyst at AxiTrader Futures Brokerage.[/ltr]
    [ltr]"In general terms, based on price movements of oil, suggest that President Trump will withdraw from the agreement," he said.[/ltr]
    [ltr]Iran returned one of the world's largest oil exporters in 2016 after lifting sanctions against it in return for curbing its nuclear program.[/ltr]
    [ltr]But the United States has since expressed doubts about Iran's sincerity in implementing the deal.[/ltr]
    [ltr]is over[/ltr]




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    • Post n°2

    Oil at the highest level since November 2014 due to concerns about Venezuela and Iran Empty Oil has climbed to its highest level since 2014 because of Venezuela and Iran

    Post by Rocky Mon 07 May 2018, 3:47 am

    Oil has climbed to its highest level since 2014 because of Venezuela and Iran

    Oil at the highest level since November 2014 due to concerns about Venezuela and Iran 1106


    LONDON (Reuters) - Crude oil prices rose 1 percent on Monday to their highest levels since late 2014, buoyed by Venezuela's deepening economic crisis and the US decision on whether to impose sanctions on Iran .
    By 0650 GMT, Brent crude for the year was $ 75.57 a barrel, up 70 cents, or 0.9 percent, from the previous settlement. Earlier in the session, crude touched its highest level since November 2014 at $ 75.89 a barrel .
    West Texas Intermediate crude futures rose 70 cents, or 1 percent, to $ 70.42 a barrel. US crude topped $ 70 a barrel on Monday for the first time since November 2014 .
    At the same time, Shanghai's crude oil contracts in China exceeded its record high of $ 71.32 a barrel to $ 72.54 on Monday .
    Some analysts warn that the worsening economic crisis in Venezuela, a major exporter of oil, threatens more pressure on its production and exports .
    Venezuela's output has halved since the early 2000s to only 1.5 million bpd, with the country not pumping enough investment .
    "The big story this week will be about oil and the Iran agreement," said Greg McKenna, chief market expert at AxiTrader Futures Brokerage, adding that most market participants expect US President Donald Trump to withdraw from the deal .
    Iran returned to major oil exporters in 2016 after lifting international sanctions imposed on it in exchange for restricting its nuclear program .
     
    Trump expressed skepticism about Iran's sincerity and threatened to pull out of the 2015 agreement not to extend the exemption from sanctions when it expires on May 12, which will likely reduce Iran's oil exports .

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