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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 fell from a three-year high

    rocky
    rocky
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    Posts : 236340
    Join date : 2012-12-21

    Oil prices fell from a three-year high Empty Oil prices fell from a three-year high

    Post by rocky Tue May 08, 2018 2:24 am

    [ltr]Oil prices fell from a three-year high[/ltr]
    [ltr]Economie[/ltr]
     From 2018-05-08 at 08:33 (Baghdad time)
    [ltr]Oil prices fell from a three-year high 11[/ltr]
    [ltr]Follow up of Mawazine News[/ltr]
    [ltr]Oil prices fell from a three-and-a-half-year high on Tuesday as investors awaited US President Donald Trump's announcement on whether the United States would again impose sanctions on Iran that it suspended under Tehran's nuclear deal with world powers.[/ltr]
    [ltr]If the United States withdraws from an agreement that has limited Tehran's nuclear activities, Iran's crude exports could be affected, increasing supply in the oil market, which has begun to return to equilibrium after years of obscurity.[/ltr]
    [ltr]US WTI fell 63 cents, or 0.9 percent, to $ 70.10 a barrel by 0024 GMT.[/ltr]
    [ltr]And fell at a stage below $ 70 after exceeding the previous session that level for the first time since November 2014.[/ltr]
    [ltr]Brent crude fell 53 cents, or 0.7 percent, to $ 75.64 a barrel, after jumping 1.7 percent in the futures contract to $ 76.17 a barrel in the previous session.[/ltr]
    [ltr]Trump said on Monday he would announce his decision to stay in the nuclear deal or impose sanctions on Tehran at 1800 GMT on Tuesday, four days ahead of schedule.[/ltr]
    [ltr]Analysts at Barclays Research said Trump was likely to announce that he would not renew the suspension of sanctions, leading to a "significant drop" in Iran's oil sales within six months or once again asserting his opposition to the nuclear deal.[/ltr]
    [ltr]"Regardless, his foreign policy will continue to raise tensions in the main oil export center and thus support prices," they said[/ltr]


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