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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 price hike

    Rocky
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    • Post n°1

    Oil price hike Empty Oil price hike

    Post by Rocky Sat 10 Sep 2022, 4:42 am

    [size=35][size=35]Oil price hike[/size][/size]
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    Economie

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    2022-09-10 | 03:20
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    Oil prices rose by about 4% in trading due to Russia's threat to cut off oil and gas supplies, although crude futures recorded a decline for the second week, with interest rates rising sharply and the impact of restrictions imposed by China to limit the outbreak of "Covid-19" on expectations about demand.


    Brent crude futures rose $3.69, or 4.1%, to $92.84 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 rose $3.25, or 3.9%, to $86.79 a barrel.

    "In the coming months, the West will have to face the risks of losing Russian energy supplies and rising oil prices," said Stephen Brennock of oil market brokerage BVM.






    Pressured by fears about recession and demand, Brent crude fell sharply after rising in March to near its highest level ever at 147 dollars in the wake of the Russian invasion of [You must be registered and logged in to see this link.].

    Despite Friday's jump, the two benchmarks are recording a weekly decline, as Brent fell by 0.2% over the course of the week, after it reached at some point to its lowest level since January.

    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 also recorded a weekly decrease of 0.1%.
    [rtl]Related Articles[/rtl]

    At the present time, a new withdrawal from the strategic oil reserve exceeds the withdrawal by 180 million barrels announced by President [url=https://www.alsumaria.tv/Entity/693544025/%D8%AC%D9%88 %D8%A8%D8%A7%D9%8A%D8%AF%D9%86/ar/]Joe Biden[/url] months ago.

    Prices were affected by the [url=https://www.alsumaria.tv/Entity/45036/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%8A/ar/]European Central Bank[/url]'s announcement this week of an unprecedented increase in the interest rate by 75 basis points, as well as more shutdowns related to "[url=https://www.alsumaria.tv/Entity/127576/%D9%85%D8%B1%D8%B6 %D9%83%D9%88%D9%81%D9%8A%D8%AF 19/ar/]Covid-19[/url]" in [You must be registered and logged in to see this link.].



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