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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 .. Brent is flying high, and US crude continues to rise

    Rocky
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    Oil prices .. Brent is flying high, and US crude continues to rise Empty Oil prices .. Brent is flying high, and US crude continues to rise

    Post by Rocky Thu 27 Oct 2022, 5:03 am

    [size=35][size=35]Oil prices .. Brent is flying high, and US crude continues to rise[/size]
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    Economie

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    2022-10-27 | 01:55
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    Alsumaria News - Economy

    Oil prices rose today, Thursday, to continue rising by more than three percent in the previous session, supported by record high US crude exports and the decline of the dollar, but continuing concerns about weak demand in China limited gains in Asia.


    By 0332 GMT, Brent crude futures rose 20 cents, or 0.2 percent, to $95.89 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 rose 19 cents, or 0.2 percent, to $88.10 a barrel.






    US crude stocks rose by 2.6 million barrels last week, according to weekly government data released on Wednesday, with crude exports rising to 5.1 million barrels per day, the highest level ever.

    Hiroyuki Kikukawa, general manager of research at[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]He said, "Strong US crude exports raised optimism about demand and prompted new purchases, but fears of continued policies[You must be registered and logged in to see this link.]The turbulent economy under the growing power of the president[url=https://www.alsumaria.tv/Entity/1400958999/%D8%B4%D9%8A %D8%AC%D9%8A%D9%86 %D8%A8%D9%8A%D9%86%D8%BA/ar/]Xi Jinping[/url]capped gains in Asia.
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    Global investors dumped Chinese assets earlier in the week amid concerns that the focus on ideology may increasingly outweigh the focus on growth under China's most powerful leader since Mao Zedong. Prices also received support from the dollar's weakness, as the recent strength of the US currency was a clear factor behind curbing the oil market's gains. The dollar fell on Thursday as market expectations grew to ease the Federal Reserve's tough stance on raising interest rates. A weak dollar makes oil denominated in the US currency less expensive for holders of other currencies.

    The World Bank said on Wednesday that it expects energy prices to fall 11% in 2023 after rising 60% this year in the wake of the Russia-Ukraine conflict, but slowing global growth and restrictions to combat the Corona virus in[You must be registered and logged in to see this link.]It may lead to a more severe drop.
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      Current date/time is Tue 27 Feb 2024, 3:04 pm