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Neno's Place Established in 2006 as a Community of Reality


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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

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


    Oil prices end three days of gains

    Rocky
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    • Post n°1

    Oil prices end three days of gains Empty Oil prices end three days of gains

    Post by Rocky Mon 22 Aug 2022, 4:30 am

    [size=35][size=35]Oil prices end three days of gains[/size]
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    Economie

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    2022-08-22 | 04:34
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    Alsumaria News - Economy

    Oil prices fell today, Monday, ending 3 days of gains, amid fears that large increases in US interest rates will lead to a global economic slowdown and undermine demand for fuel.


    Brent crude futures for October delivery fell $1.17, or 1.2 percent, to $95.55 a barrel by 0054 GMT, with fears of slowing demand in China due to the energy crisis in some areas, which also affected prices.






    US West Texas Intermediate crude futures for September delivery, which are due to expire on Monday, fell $1.12, or 1.2 percent, to $89.65 a barrel. And October contracts recorded
    89.29 dollars, down 1.15 dollars, or 1.3 percent.

    Both Brent and West Texas Intermediate rose for a third day in a row on Friday, but fell by about 1.5 percent during the week due to the strengthening of the dollar and concerns about demand.

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    The general manager of research at the company[url=https://www.alsumaria.tv/Entity/995257576/%D9%86%D9%8A%D8%B3%D8%A7%D9%86 %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/]Nissan Securities[/url]Hiroyuki Kikukawa, said, “Investors are concerned that the possibility of a significant Fed rate hike could cause an economic slowdown and drain fuel demand.

    ”[You must be registered and logged in to see this link.]It is also a source of concern because it may affect economic activity.”

    State media and an electricity company reported that southwestern Sichuan Province[You must be registered and logged in to see this link.]It began reducing electricity supply to homes, offices and shopping malls last week due to the severe energy crisis caused by intense heat waves and droughts.

    . The dollar, which is hovering around a five-week high, is weighing on crude oil prices as it makes oil more expensive for buyers in other currencies.
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