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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The end of the week: a big jump for Basra oil and a difference in the prices of international raw ma

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 278276
    Join date : 2012-12-21
    • Post n°1

    The end of the week: a big jump for Basra oil and a difference in the prices of international raw ma Empty The end of the week: a big jump for Basra oil and a difference in the prices of international raw ma

    Post by Rocky Sat 19 Mar 2022, 5:53 am

    The end of the week: a big jump for Basra oil and a difference in the prices of international raw materials
    March 19, 2022

    The end of the week: a big jump for Basra oil and a difference in the prices of international raw materials


    Ultra Iraq - Editorial Team
    International oil prices varied during the week, along with Basra Heavy.
    share
    Basra Heavy crude prices rose by about 9%, approaching $103 per barrel
    Brent crude futures rose more than 1% to end the session near $108, a day after rising nearly 9% in the biggest daily percentage gain in nearly two years.
    Also, US West Texas Intermediate crude futures rose by about 2%, and ended the session near 105 dollars, and with it the previous session's jumps of 8%.
    But both benchmark contracts ended the week about 4% lower, after trading in the $16 range, and prices reached 14-year highs nearly two weeks ago, encouraging profit-taking since then.
    In conjunction with the first jump in oil prices, Iraqi oil prices made a major jump by more than $8.
    And Basra Heavy crude prices recorded a rise of about 9%, approaching $103 per barrel, according to the latest price update seen by Ultra Iraq.
    The prices of Basra Light crude have fallen sequentially, recording nearly $94 a barrel during the previous session.
    [You must be registered and logged in to see this image.]
    Russia said no agreement was reached after a fourth day of talks with Ukraine; But some signs of progress appeared earlier in the week, according to Reuters. 
    Crude oil prices were on a rapid rise, supported by the supply crisis from traders who avoided Russian barrels and dwindling oil inventories. But prices have been pressured by concerns about demand with COVID-19 cases soaring in China, while stalled nuclear talks with Iran have been a tough market.
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sun 29 Sep 2024, 11:20 am