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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


Oil prices fluctuated amid a slump in China's economy and support for Opec's crude cuts

rocky
rocky
NNP TEAM
NNP TEAM


Posts : 225281
Join date : 2012-12-21

Oil prices fluctuated amid a slump in China's economy and support for Opec's crude cuts Empty Oil prices fluctuated amid a slump in China's economy and support for Opec's crude cuts

Post by rocky Tue 28 May 2019, 12:42 am

Oil prices fluctuated amid a slump in China's economy and support for Opec's crude cuts

Oil prices fluctuated amid a slump in China's economy and support for Opec's crude cuts 15415


Oil prices mixed on Tuesday under the weight of the economic downturn, especially in China, yet prices are still supported by continued OPEC-led supply cuts and US sanctions on Iran and Venezuela.
By 1230 GMT, London Brent crude was up 21 cents, or 0.3 percent, at $ 69.90 a barrel from the previous close, when Brent rose 2.1 percent.
US West Texas Intermediate crude futures were at $ 59.03 a barrel. Contracts were not traded Monday due to a public holiday in the United States, but increased 40 cents, or 0.7 percent, from the previous close on Friday.
Traders said crude prices were under pressure from China's economic slowdown as a result of the ongoing trade war with the United States, which is also expected to affect fuel consumption.
But the supply cuts led by the Organization of Petroleum Exporting Countries (OPEC) since the beginning of the year have kept prices down even further.
OPEC is scheduled to meet with its allies, including Russia, on June 25-26 to discuss production policy.

    Current date/time is Tue 27 Sep 2022, 8:26 am