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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


    Oil prices fall due to slower growth

    Rocky
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    • Post n°1

    Oil prices fall due to slower growth Empty Oil prices fall due to slower growth

    Post by Rocky Thu 04 Jul 2019, 2:08 am

    [rtl]

    Oil prices fall due to slower growth

    [/rtl]
    [rtl]Editorial Date: 2019/7/4 9:52 • 50 times read[/rtl]
    Oil prices fall due to slower growth Story_img_5d1da23fb9845
    [rtl]
    {International: Al Furat News} Oil prices fell more than 0.5% Thursday, weighed down by data showing a lower-than-expected decline in US crude inventories and concerns about the global economy.
    By 0538 GMT, futures for the month were the closest in the world benchmark Brent crude, down 1 percent at $ 63.21 a barrel. Brent was down 2.3% Wednesday. 
    US crude oil futures also fell 1 percent to $ 56.78 a barrel after closing up 1.9 percent Wednesday. 
    US crude inventories fell 1.1 million barrels last week, the Energy Information Administration said on Wednesday, while analysts expected a 3 million barrel drop. 
    Inventories fell less than expected as US refiners consumed less crude than the previous week and processed less than 2 percent less than a year earlier, according to data management figures, even though they are in the middle of the summer demand season for gasoline.
    This suggests that demand for oil in the United States, the world's largest consumer of crude, may slow amid signs of a weak economy. New orders for US factory products fell for the second consecutive month in May, according to government data released on Wednesday, raising economic concerns. 
    The weak US data came after a report of slow growth of corporate activity in Europe last month. 
    "If we ignore the short-term nature of the volatility surrounding inventory data, it is impossible to escape from an economic reality that we are in the middle of a global manufacturing slowdown," said Stephen Innes, managing director of Vanguard Markets.


    http://alforatnews.com/modules/news/article.php?storyid=202586
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    • Post n°2

    Oil prices fall due to slower growth Empty Oil falls amid signs of slower US demand and economic worries

    Post by Rocky Thu 04 Jul 2019, 2:16 am

    Oil falls amid signs of slower US demand and economic worries

    Oil prices fall due to slower growth 16057




     Oil prices fell more than 0.5 percent on Thursday, weighed down by data showing a lower-than-expected decline in US crude inventories and concerns about the global economy.
    By 0538 GMT, futures for the month were the closest in the world benchmark Brent crude, down 1 percent at $ 63.21 a barrel. Brent closed down 2.3 percent on Wednesday.
    US crude oil futures also fell 1 percent to $ 56.78 a barrel after closing up 1.9 percent on Wednesday.
    US crude inventories fell 1.1 million barrels last week, the Energy Information Administration said on Wednesday, while analysts expected a 3 million barrel drop.
    Inventories fell less than expected as US refineries consumed less crude than the previous week and processed less than 2 percent less than a year earlier, according to data management figures, even though they are in the middle of the summer demand season for gasoline.
    This suggests that demand for oil in the United States, the world's largest consumer of crude, may slow amid signs of a weak economy. New orders for US factory products fell for the second month in a row in May, according to government data released on Wednesday, raising economic concerns.
    The weak US data came after a report of slow growth of corporate activity in Europe last month.
    "If we ignore the short-term nature of the volatility surrounding inventory data, it is impossible to escape from an economic reality that we are in the middle of a global manufacturing slowdown," said Steven Ince, Managing Director of Vanguard Markets.

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    • Post n°3

    Oil prices fall due to slower growth Empty Oil prices fall because of America

    Post by Rocky Thu 04 Jul 2019, 2:24 am

    Oil prices fall due to slower growth 5bbcf02ef06c0

    Oil prices fall because of America






    2019/07/04 02:06:16

    Oil prices fell more than 0.5 percent on Thursday, weighed down by data showing a lower-than-expected decline in US crude inventories and concerns about the global economy.
    By 0538 GMT, futures for the month were the closest in the world benchmark Brent crude, down 1 percent at $ 63.21 a barrel. Brent closed down 2.3 percent on Wednesday.
    US crude oil futures also fell 1 percent to $ 56.78 a barrel after closing up 1.9 percent on Wednesday.
    US crude inventories fell 1.1 million barrels last week, the Energy Information Administration said on Wednesday, while analysts expected a 3 million barrel drop.
    Inventories fell less than expected as US refineries consumed less crude than the previous week and processed less than 2 percent less than a year earlier, according to data management figures, even though they are in the middle of the summer demand season for gasoline.
    This suggests that demand for oil in the United States, the world's largest consumer of crude, may slow amid signs of a weak economy. New orders for US factory products fell for the second month in a row in May, according to government data released on Wednesday, raising economic concerns.
    The weak US data came after a report of slow growth of corporate activity in Europe last month.
    "If we ignore the short-term nature of the volatility surrounding inventory data, it is impossible to escape from an economic reality that we are in the middle of a global manufacturing slowdown," said Steven Ince, Managing Director of Vanguard Markets.


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    • Post n°4

    Oil prices fall due to slower growth Empty US data enters the red oil region

    Post by Rocky Thu 04 Jul 2019, 7:01 am

    US data enters the red oil region

    Oil prices fall due to slower growth Irq_219494524_1562227794

    Oil prices fell on Thursday, weighed down by data showing a lower-than-expected decline in US crude inventories and worries about the global economy.

    By 5:38 GMT, Brent crude was trading at $ 63.21 a barrel, down 1%, while US crude was down 1% to $ 56.78 a barrel.

    US crude inventories fell by 1.1 million barrels last week, according to the Energy Information Administration on Wednesday, while analysts expected a decline of three million barrels.

    Inventories fell less-than-expected as US refineries consumed less crude and processed less by 2 percent from the same period last year.

    This shows that demand for oil in the United States, which is the largest consumer of crude in the world, may slow amid signs that predict the decline of the US economy.




    http://aynaliraqnews.com/index.php?aa=news&id22=122730

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    • Post n°5

    Oil prices fall due to slower growth Empty Re: Oil prices fall due to slower growth

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