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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 are falling on demand fears despite OPEC extension of production cuts

rocky
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Oil prices are falling on demand fears despite OPEC extension of production cuts Empty Oil prices are falling on demand fears despite OPEC extension of production cuts

Post by rocky Tue 02 Jul 2019, 6:02 am

[size=35][size=35]Oil prices are falling on demand fears despite OPEC extension of production cuts[/size]

Economie


2019-07-02 06:30
Oil prices are falling on demand fears despite OPEC extension of production cuts Doc-P-309867-636976603381040857


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149 views


[size=18]Oil prices fell as worries over a possible global economic slowdown overshadowed an OPEC agreement on Monday to extend production cuts until March.


London Brent crude <LCOc1> fell 18 cents, or 0.28 percent, to $ 64.88 a barrel. 

US crude for August delivery fell 20 cents, or 0.34 percent, to $ 58.89 a barrel after hitting its highest level in more than five weeks on Monday.






The Organization of the Petroleum Exporting Countries (OPEC) agreed on Monday to extend oil production cuts until March 2020, to bypass WTO members' differences in an effort to support crude prices. 

OPEC meets with Russia and other producers, in the OPEC + alliance, today to discuss supply cuts under the rise of US production. 

Russian President [url=https://www.alsumaria.tv/Entity/60567/%D9%81%D9%84%D8%A7%D8%AF%D9%8A%D9%85%D9%8A%D8%B1 %D8%A8%D9%88%D8%AA%D9%8A%D9%86/ar/]Vladimir Putin[/url] said on Saturday he had agreed with Saudi Arabia to extend global production cuts until December 2019 or March 2020, and Saudi Energy Minister [url=https://www.alsumaria.tv/Entity/2487631667/%D8%AE%D8%A7%D9%84%D8%AF %D8%A7%D9%84%D9%81%D8%A7%D9%84%D8%AD/ar/]Khalid al-Falih[/url] said on Sunday he was 100 percent confident of reaching an OPEC deal.


https://www.alsumaria.tv/news/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/309867/%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%AA%D9%86%D8%AE%D9%81%D8%B6-%D8%A8%D9%81%D8%B9%D9%84-%D9%85%D8%AE%D8%A7%D9%88%D9%81-%D8%A7%D9%84%D8%B7%D9%84%D8%A8-%D8%B1%D8%BA%D9%85-%D8%AA%D9%85%D8%AF%D9%8A%D8%AF-%D8%A3%D9%88%D8%A8%D9%83
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    Current date/time is Mon 26 Sep 2022, 9:16 pm