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Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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World oil prices fall after Saudi announcement

rocky
rocky
NNP TEAM
NNP TEAM

Posts : 189344
Join date : 2012-12-21

Saudi - World oil prices fall after Saudi announcement Empty World oil prices fall after Saudi announcement

Post by rocky on Wed 18 Sep 2019, 2:11 am

World oil prices fall after Saudi announcement

Saudi - World oil prices fall after Saudi announcement 17147




Economy News _ Baghdad
World oil prices fell on Wednesday morning after Saudi Arabia announced the restoration of its full production capacity by the end of September, and due to data on an unexpected increase in US oil reserves.
Brent North Sea crude for November delivery was down 64.53 barrels, down 0.03 percent, while Texas Intermediate crude futures for November delivery fell 0.32 percent to $ 58.91 a barrel.
Saudi Energy Minister Prince Abdul Aziz bin Salman has announced the return of oil supplies to what they were before, before the attack on oil facilities belonging to Aramco, pointing out that the attack led to the interruption of about 5 million and 7 thousand barrels of crude oil, also confirmed that The company will fully meet its obligations to its customers this month by withdrawing from inventory.
The group "Ansar Allah" last Saturday, a drone attack on two oil facilities belonging to the Saudi oil giant "Aramco" in "Abqaiq" and "Hijrat Khurais" in the eastern region of Saudi Arabia.

rocky
rocky
NNP TEAM
NNP TEAM

Posts : 189344
Join date : 2012-12-21

Saudi - World oil prices fall after Saudi announcement Empty World oil prices fall after Saudi announcement

Post by rocky on Wed 18 Sep 2019, 2:17 am

World oil prices fall after Saudi announcement

Saudi - World oil prices fall after Saudi announcement 17147






Economy News _ Baghdad
World oil prices fell on Wednesday morning after Saudi Arabia announced the restoration of its full production capacity by the end of September, and due to data on an unexpected increase in US oil reserves.
Brent North Sea crude for November delivery was down 64.53 barrels, down 0.03 percent, while Texas Intermediate crude futures for November delivery fell 0.32 percent to $ 58.91 a barrel.
Saudi Energy Minister Prince Abdul Aziz bin Salman has announced the return of oil supplies to what they were before, before the attack on oil facilities belonging to Aramco, pointing out that the attack led to the interruption of about 5 million and 7 thousand barrels of crude oil, also confirmed that The company will fully meet its obligations to its customers this month by withdrawing from inventory.
The group "Ansar Allah" last Saturday, a drone attack on two oil facilities belonging to the Saudi oil giant "Aramco" in "Abqaiq" and "Hijrat Khurais" in the eastern region of Saudi Arabia.


    Current date/time is Fri 18 Sep 2020, 1:08 pm