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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

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Oil rises as supply uncertainty continues

rocky
rocky
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Posts : 230541
Join date : 2012-12-21

 Oil rises as supply uncertainty continues Empty Oil rises as supply uncertainty continues

Post by rocky Tue 05 Apr 2022, 5:21 am

Economy News _ Baghdad
Oil futures rose in early trade on Tuesday, as the prospect of more sanctions in 
 Oil rises as supply uncertainty continues

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the wake of alleged war crimes by Russian forces in Ukraine raised concerns about supply disruptions, while Iran nuclear talks faltered.
Brent crude futures rose $1.58, or 1.5 percent, to $109.11 a barrel, while US crude futures rose $1.61, or 1.6 percent, to $104.89 a barrel at 04:28 GMT.
Futures settled more than 3% on Monday due to the threat of more sanctions against Russia, and after a pause in Vienna over talks to revive the Iran nuclear deal, which could put more Iranian barrels on the market, Iran accused the United States of halting the talks.
German Chancellor Olaf Schulz said the Western allies would agree to more sanctions against Moscow in the coming days.
French President Emmanuel Macron also suggested sanctions on oil and coal, adding that there was "very clear evidence pointing to war crimes" by Russian forces.
Crude oil fell about 13% last week after President Joe Biden announced a record release of US oil reserves.
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    Current date/time is Mon 05 Dec 2022, 3:28 pm