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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 recedes after moving the delinquent ship in the Suez Canal

    Rocky
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    • Post n°1

    Oil recedes after moving the delinquent ship in the Suez Canal Empty Oil recedes after moving the delinquent ship in the Suez Canal

    Post by Rocky Mon 29 Mar 2021, 7:24 am

    Oil recedes after moving the delinquent ship in the Suez Canal

    •  Time: 03/29/2021 08:23:22
       
    •  Read: 2,457 times

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    {Economical: Al Furat News} Oil prices fell by more than 1%, today, Monday, after being able to re-float the ship that ran aground about a week ago in the Suez Canal, although it is not clear when the canal will open again to ship traffic.
    Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. [You must be registered and logged in to see this link.] 
    Brent crude fell 1.6% to $ 63.55 a barrel, while US Texas Intermediate crude lost 1.9%, to about $ 60 a barrel.
    Crude oil was affected by high volatility in recent sessions, with West Texas Intermediate crude swinging between gains and losses last week.
    The Ever Given is now insured, according to marine service provider Inchcape.
    Oil is still preparing to close on quarterly gains for the fourth consecutive quarter this week, supported by ongoing supply restrictions imposed by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, and optimism that global demand will expand with the launch of coronavirus vaccines.
    The crisis in the Suez Canal caused a large accumulation of ships on both sides of the vital waterway, and prompted some ships to avoid congestion by taking the longest and most expensive route around Africa.
    Tanker prices increased, which boosted the cost of shipping crude around the world, and raised oil prices significantly.
    On the other hand, most Asian stocks rose today, Monday, after a record close on Wall Street, while US stocks futures declined, as traders evaluated a wave of combined deals worth $ 20 billion.
    The dollar gauge rose and the 10-year US Treasury yield declined.
    The strength of the recovery, driven by the expanding global vaccination campaigns, and the risks of inflation are factors that support the markets.
    Later this week, US President Joe Biden plans to unveil an additional stimulus program with a tilt toward infrastructure.
    Relations between the United States and China are also in focus, after a report that Washington was not ready to raise tariffs on Chinese imports in the near future, but it may be open to trade talks.
    Forgiveness Al-Khalidi
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