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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


    International report: Oil prices are high 25% since the beginning of the year .. and return to the t

    Rocky
    Rocky
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    Join date : 2012-12-21

    International report: Oil prices are high 25% since the beginning of the year .. and return to the t Empty International report: Oil prices are high 25% since the beginning of the year .. and return to the t

    Post by Rocky Thu Oct 25, 2018 3:21 am

    International report: Oil prices are high 25% since the beginning of the year .. and return to the t %D8%A7%D9%84%D9%86%D9%81%D8%B711-660x330

    International report: Oil prices are high 25% since the beginning of the year .. and return to the triennial figures soon

    The US-based Forbes report expects global oil supply to fall by about 1.7 million bpd by the end of this year, praising the Saudi and Russian announcement that they will compensate the market for the decline in Iranian production.
    The trade war still raging between Washington and Beijing, and the rise in the dollar against other currencies, especially in emerging economies, has complicated the situation for oil prices, the report said.
    The report pointed to the rise in crude prices 20 to 25 per cent this year, adding that some strongly believe that the return to the triennial figures will come soon, noting that the price of immediate Brent crude to this level since 8 September 2014, Texas Average This price since July 30 in the same year.
    Forbes said the 10 days of new US sanctions on Iranian oil exports on Nov. 4, in parallel to a faster-than-expected drop in Iran's oil production, led to a rise in Brent crude prices by more than $ 80 per barrel compared to $ 70 before Two months, but it has subsided relatively in recent days due to Saudi commitments.
    The report pointed out that it is fair to say that the triple-digit oil would limit the growth of global demand, which may lead to a decline in prices again, explaining that for example, the price of oil products in India to record levels, and increased prices of products In China and the United States.
    The International Energy Agency (IEA) cut demand growth forecasts as demand growth expectations were reduced in 2018 and 2019. Opec also reduced demand forecasts in the same period, citing the latest monthly report by the US Energy Information Administration, which said demand for oil would remain In 2019 at the same level as last month's expectations, although it increased the price forecast by about $ 2 a barrel.


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