Established in 2006 as a Community of Reality

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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 are down 3.5 percent

    Rocky
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    • Post n°1

    Oil prices are down 3.5 percent Empty Oil prices are down 3.5 percent

    Post by Rocky Wed 04 Jan 2023, 4:35 am

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

    [size=52]Oil prices are down 3.5 percent[/size]

    [size=45][You must be registered and logged in to see this image.]
    Oil prices fell 3.5 percent, on Tuesday evening, in volatile transactions affected by weak demand data from China and unfavorable expectations for the global economy.[/size]
    [size=45]And by 16:45 GMT, Brent crude futures for March delivery fell $ 3.03 to $ 82.88 a barrel. West Texas Intermediate crude futures fell $2.81 to $77.45 a barrel.[/size]
    [size=45]Both benchmarks rose by more than a dollar in early trade.[/size]
    [size=45]The Chinese government raised export quotas for refined petroleum products in the first shipment of 2023.[/size]
    [size=45]Dealers attributed this increase to expectations of weak domestic demand, while China, the largest importer of crude in the world, is facing an increase in infections with Covid-19 disease.[/size]
    [size=45]Factory activity in China also shrank, with an increase in COVID-19 infections, which caused production disruption and negatively affected demand after China lifted most anti-coronavirus restrictions.[/size]
    [size=45]Kristalina Georgieva, Managing Director of the International Monetary Fund, said on Sunday that the United States, Europe and China, which are the main engines of global growth, are all witnessing a simultaneous slowdown, which increased the outlook pessimistic.[/size]
    [size=45]Markets are awaiting more indications from the US Central Bank's Monetary Policy Committee meeting, Wednesday.[/size]
    [size=45]The US central bank raised interest rates by 50 basis points in December after four consecutive increases of 75 basis points each.[/size]
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