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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


    Petroleum Institute: Crude oil inventories rise more than expected and by 10.5 million barrels

    Rocky
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    • Post n°1

    Petroleum Institute: Crude oil inventories rise more than expected and by 10.5 million barrels Empty Petroleum Institute: Crude oil inventories rise more than expected and by 10.5 million barrels

    Post by Rocky Thu 17 Oct 2019, 3:39 pm

     Petroleum Institute: Crude oil inventories rise more than expected and by 10.5 million barrels

    Petroleum Institute: Crude oil inventories rise more than expected and by 10.5 million barrels 17609








    Economy News _ Baghdad
    Crude oil inventories in the United States in the week ending October 11 rose by 10.5 million barrels to 432.5 million barrels.
    Expectations were for an increase of 2.9 million barrels, according to the American Petroleum Institute, which noted that gasoline inventories fell by 934 thousand barrels.
    That compared with expectations of a 1.2 million barrel decline.
    Distillate inventories fell by 2.9, while they were expected to fall by 2.4 million barrels.

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    Rocky
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    • Post n°2

    Petroleum Institute: Crude oil inventories rise more than expected and by 10.5 million barrels Empty Oil prices are falling due to signs of a significant increase in US inventories

    Post by Rocky Thu 17 Oct 2019, 3:40 pm

    Oil prices are falling due to signs of a significant increase in US inventories

    Petroleum Institute: Crude oil inventories rise more than expected and by 10.5 million barrels 17611






    Economy News _ Baghdad
    NEW YORK (Reuters) - Oil prices fell 1 percent on Thursday after sector data showed a larger-than-expected rise in US crude inventories, although losses were curbed by comments by US Treasury Secretary Stephen Mnuchin on a US-China trade deal.
    Brent crude futures were down 57 cents, or 1 percent, at $ 58.85 a barrel by 0629 GMT.
    US West Texas Intermediate crude futures fell 56 cents, or 1 percent, to $ 52.80 a barrel.
    US crude oil inventories rose 10.5 million barrels to 432.5 million barrels in the week ending October 11, according to the weekly report of the American Petroleum Institute, published ahead of official inventory data due on Thursday.
    Analysts estimate US oil inventories rose by 2.8 million barrels last week.
    This comes amid concerns about the global economy and thus the demand for oil, while data from the United States revealed that retail sales fell for the first time in seven months in September. This follows earlier data that revealed modest job growth and service sector activities.
    But hopes of a possible trade deal between the United States and China have helped reduce the drop in oil prices after Mnuchin said US and Chinese trade negotiators were working on the text of the first phase of a trade deal for the two heads of state to sign next month.

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