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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 prices continue to decline due to a new closure in Shanghai

rocky
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Oil prices continue to decline due to a new closure in Shanghai Empty Oil prices continue to decline due to a new closure in Shanghai

Post by rocky Fri 10 Jun 2022, 4:52 am

[size=35][size=35]Oil prices continue to decline due to a new closure in Shanghai[/size]
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Economie

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2022-06-10 | 02:45
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Alsumaria News - Economy
Oil prices continued to decline, today, Friday, but remained close to their highest levels in three months, as concerns about the new closure measures to combat “Covid-19” in Shanghai outweighed the impact of strong demand for fuel in the United States, the largest consumer in the world. .


Brent crude futures for August delivery fell 77 cents, or 0.6%, to $122.30 a barrel, after falling 0.4% the previous day.

US West Texas Intermediate crude for the month of July fell 72 cents, or 0.6%, to $120.79 a barrel, after dropping 0.5% on Thursday.






However, Brent crude is heading to record gains for the fourth consecutive week, while US crude is heading towards recording the seventh consecutive weekly increase. He added, "But the losses were curbed by expectations that the global supply shortage will continue with strong US demand for fuel and a slow increase in crude production by OPEC +."

A senior analyst at the company[url=https://www.alsumaria.tv/Entity/2862007177/%D9%81%D9%88%D8%AC%D9%8A%D8%AA%D9%88%D9%85%D9%8A %D9%84%D9%84%D8%A3%D9%88%D8%B1%D8%A7%D9%82 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]Fujitomi Securities[/url]Kazuhiko Saito, "The new epidemic control restrictions in[You must be registered and logged in to see this link.]raised concerns about demand in[You must be registered and logged in to see this link.]".


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