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Neno's Place Established in 2006 as a Community of Reality


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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 nears $ 72 after Aramco attack

    rocky
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    • Post n°1

    Oil nears $ 72 after Aramco attack Empty Oil nears $ 72 after Aramco attack

    Post by rocky Mon 16 Sep 2019, 1:52 am


    Oil nears $ 72 after Aramco attack

    08:51 - 16/09/2019



    Oil nears $ 72 after Aramco attack %D8%A7%D9%84%D9%86%D9%81%D8%B79-696x435
     
    Information / Baghdad ..
    Oil prices rose on Monday as Brent crude posted its biggest percentage gain in a day since the Gulf War began in 1991 after an attack on two oil facilities in Saudi Arabia halted production of the equivalent of 5 percent of global supplies.
    Brent crude futures jumped as much as 19.5 percent to $ 71.95 a barrel in today's trading, the biggest gain since January 14, 1991. By 0343 GMT, next month's contract rose to $ 66.20 a barrel, up $ 5.98 or 9.9 percent compared to the previous close.
    US West Texas Intermediate (WTI) crude futures jumped as much as 15.5 percent to $ 63.34 a barrel, the biggest percentage gain in a day since June 22, 1998. By 0343 GMT, next month's contract rose to $ 59.73 a barrel, up 4.88 percent. Dollars or 8.9 percent.
    Saudi Aramco said the attacks had cut oil production by 5.7 million barrels per day. The company did not provide a timeframe to fully resume production. Done / 25
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    rocky
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    • Post n°2

    Oil nears $ 72 after Aramco attack Empty Economist: oil prices may exceed $ 100 a barrel

    Post by rocky Mon 16 Sep 2019, 1:57 am


    Economist: oil prices may exceed $ 100 a barrel

    09:45 - 16/09/2019



    Oil nears $ 72 after Aramco attack 56727-oil_4-696x463
    Information / Baghdad ..
    Oil expert Majid al-Suri said Monday that oil prices could exceed $ 100 if Saudi Arabia loses 50 percent of its oil production, or more than 5 million barrels of oil, pointing out that oil producing countries will not be able to cover the shortage in oil production.
    He said in a statement to the information, that "information about the loss of Saudi Arabia half of its oil production will lead to the rise in the price of a barrel to more than $ 100, because that means the loss of Riyadh more than 5 million barrels," noting that "oil-producing countries will benefit from This rise will cover the shortage, especially America, which has large oil reserves. ”
    He explained that "the world will need more than three million barrels of oil to make up for the shortage of production, where will not be able to produce countries, including Iraq to provide this quantity," pointing out that "Saudi Arabia can release its oil stocks to create a balance in the shortage."
    Suri said, "Winter is on the doors, and the world will demand additional oil, as the trend today to reduce production, but the recent events, especially if Saudi information is believed to lose 50% of its production, the world will see a shortage of oil will raise prices to more than 100 Dollars a barrel. ” Over 25


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