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 New York Times: Oil prices may rise to $200 a barrel

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 278239
    Join date : 2012-12-21
    • Post n°1

    The New York Times: Oil prices may rise to $200 a barrel Empty The New York Times: Oil prices may rise to $200 a barrel

    Post by Rocky Sun 31 Jul 2022, 10:35 am

    The New York Times: Oil prices may rise to $200 a barrel

    [You must be registered and logged in to see this image.]




    [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]


    Economy News-Baghdad
    The New York Times warned that the situation is about to take a turn for the worse, as new sanctions that the European Union and Britain have agreed to impose on Russia by the end of the year are likely to push up oil prices .
    The newspaper wrote that the United States and its allies relied heavily on imposing economic sanctions to punish Russia for its invasion of Ukraine. But it seems that a key element in that strategy, the restrictions on Russian oil exports, often causes hardship and harm to ordinary people in other countries .
    European countries, in particular, have caused massive damage to their economies without reducing Russian oil revenues .
    The newspaper stressed that the countries seeking to help Ukraine are aiming at the wrong goal, that is, by focusing on reducing Russian energy exports rather than reducing its export profits, as Russia exports less oil, but in the opposite way, it makes more money, according to the Center for Research on Energy and Clean Air in Finland. Sanctions raised prices more than offsetting the decline in exports. In May 2022, Russia earned €883 million per day from oil exports, up from €633 million per day in May 2021 .
    The newspaper warned that the situation is about to take a turn for the worse, as the new sanctions that the European Union and Britain agreed to impose on Russia by the end of the year are likely to push up oil prices .
    Some analysts warn that the price of a barrel of oil may exceed $200, which could easily push Western economies into recession. 
     

    Views 221
    Added 07/31/2022 - 12:22 PM
    Update 07/31/2022 - 6:33 PM


    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sat 28 Sep 2024, 12:02 pm