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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 rise amid fears of a drop in global economic growth

    rocky
    rocky
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     Oil prices rise amid fears of a drop in global economic growth Empty Oil prices rise amid fears of a drop in global economic growth

    Post by rocky Thu 03 Jan 2019, 2:04 am

     Oil prices rise amid fears of a drop in global economic growth 2018_2_7_11_32_37_416-660x330
    Oil prices rise amid fears of a drop in global economic growth


    Oil prices rose nearly 2 percent in volatile trading supported by Wall Street's recovery, despite continuing concerns about a drop in global economic growth that could affect demand for crude.
    Global Brent crude was $ 54.91 a barrel, up $ 1.11, or 2.1 percent, after trading at $ 52.51 to $ 56.56 a barrel.
    US WTI rose 1.13 dollars, or 2.5 percent, to settle at $ 46.54 a barrel. Crude had earlier fallen to $ 44.35 a barrel, while hitting a session high of $ 47.78 a barrel.
    Concerns about the economic slowdown and abundant supply have caused oil prices to fall from their highest level in years in October 2018. Oil prices in 2018 ended the first decline since 2015.
    The signs of increased production show the challenges faced by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, seeking to support markets by cutting crude supply by 1.2 million bpd.


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