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The rise in oil prices despite the rise of crude drilling platforms in America
July 30 2018 01:34 PM
July 30 2018 01:34 PM
[rtl][rtl]Oil prices are stabilizing near their three-year highs due to tension in Syria[/rtl]
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On Monday, oil prices rose, despite rising US crude platforms, but news of a possible upgrade to US fuel efficiency rules boosted global oil prices.
The US federal regulators announced on Sunday that the reform of the rules of efficiency of cars, will enhance the consumption of fuel in the country by 500 thousand barrels per day.
By 0730 GMT, London Brent crude for September delivery rose 0.24 percent, or 18 cents, to $ 74.47 a barrel.
US crude futures for September delivery rose 0.42 percent, or 29 cents, to $ 68.98 a barrel.
The data from Baker Hughes, last Friday, revealed the rise of oil drilling platforms in the United States by 3 platforms to 861 platforms last week.
http://www.thebaghdadpost.com/ar/story/115143/%D8%B5%D8%B9%D9%88%D8%AF-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%B1%D8%BA%D9%85-%D9%85%D9%86-%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9-%D9%85%D9%86%D8%B5%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D9%86%D9%82%D9%8A%D8%A8-%D8%B9%D9%86-%D8%A7%D9%84%D8%AE%D8%A7%D9%85-%D9%81%D9%8A-%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D8%A7
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Baghdad Post
[rtl]On Monday, oil prices rose, despite rising US crude platforms, but news of a possible upgrade to US fuel efficiency rules boosted global oil prices.
The US federal regulators announced on Sunday that the reform of the rules of efficiency of cars, will enhance the consumption of fuel in the country by 500 thousand barrels per day.
By 0730 GMT, London Brent crude for September delivery rose 0.24 percent, or 18 cents, to $ 74.47 a barrel.
US crude futures for September delivery rose 0.42 percent, or 29 cents, to $ 68.98 a barrel.
The data from Baker Hughes, last Friday, revealed the rise of oil drilling platforms in the United States by 3 platforms to 861 platforms last week.
http://www.thebaghdadpost.com/ar/story/115143/%D8%B5%D8%B9%D9%88%D8%AF-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%B1%D8%BA%D9%85-%D9%85%D9%86-%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9-%D9%85%D9%86%D8%B5%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D9%86%D9%82%D9%8A%D8%A8-%D8%B9%D9%86-%D8%A7%D9%84%D8%AE%D8%A7%D9%85-%D9%81%D9%8A-%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D8%A7
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