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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 rises on hopes of trade deal and OPEC supply cuts

rocky
rocky
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Posts : 208422
Join date : 2012-12-21

 Oil rises on hopes of trade deal and OPEC supply cuts Empty Oil rises on hopes of trade deal and OPEC supply cuts

Post by rocky Mon 04 Mar 2019, 2:39 am

Oil rises on hopes of trade deal and OPEC supply cuts

 Oil rises on hopes of trade deal and OPEC supply cuts 13362




Oil prices rose on Monday, supported by OPEC output cuts and reports that the United States and China are close to an agreement to end the bitter-fee dispute that has curbed global economic growth.
Brent crude for global trade was $ 65.25 a barrel by 0713 GMT, up 18 cents, or 0.3 percent, from the latest settlement.
US crude <LCOc1> was $ 55.94 a barrel, up 14 cents, or 0.3 percent.
The price hikes come after reports that the United States and China are close to ending their fruitless trade dispute a year ago.
A source familiar with the talks said on Sunday the two countries appeared to have come close to an agreement that would eliminate US fees for at least $ 200 billion worth of Chinese goods, with pledges from Beijing for structural economic changes and the cancellation of tariffs imposed in retaliation for US goods.


    Current date/time is Fri 28 Jan 2022, 3:20 am