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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 are falling again

    Rocky
    Rocky
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    Oil prices are falling again Empty Oil prices are falling again

    Post by Rocky Tue 16 Aug 2022, 4:25 am

    [size=35][size=35]Oil prices are falling again[/size][/size]
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    Economie

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    2022-08-16 | 02:04
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    Oil prices fell on Tuesday, after disappointing economic data from China, the largest buyer of crude, revived fears of a global recession.


    Brent crude futures fell 73 cents, or 0.8%, to $94.37 a barrel. US West [url=https://www.alsumaria.tv/Entity/2861960649/%D8%AA%D9%83%D8%B3%D8%A7%D8%B3 %D8%A7%D9%84%D9%85%D8%AA%D9%88%D8%B3%D8%B7%D8%A9/ar/]Texas Intermediate[/url] crude futures fell 44 cents, or 0.5%, to $88.97 a barrel.

    Oil futures tumbled about 3% during the previous session, and the Chinese central bank cut interest rates on lending to revive demand after data showed an unexpected slowdown in the economy in July, with factory and retail activity contracting due to [You must be registered and logged in to see this link.]'s strict policy (zero Covid) and a real estate crisis.






    The market is also awaiting industry data on US crude stocks, due later on Tuesday.



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