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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 rising again... Brent touches $80 a barrel

    Rocky
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    Oil prices are rising again... Brent touches $80 a barrel Empty Oil prices are rising again... Brent touches $80 a barrel

    Post by Rocky Mon 09 Jan 2023, 4:19 am

    [size=35][size=35]Oil prices are rising again... Brent touches $80 a barrel[/size]
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    Economie

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    01-09-2023 | 00:11
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    Alsumaria News - Economy

    Oil prices rose today, Monday, a day after the influx of travelers to China following the reopening of borders, which led to raising expectations of fuel demand and partially balancing fears of a global recession.


    Brent crude futures rose 53 cents, or 0.7 percent, to $79.10 a barrel by 0114 GMT, while 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 was $74.23 a barrel, up 46 cents, or 0.6 percent.






    Hopes of less sharp increases in interest rates in the US are boosting financial markets and leading to a decline in the dollar. A weaker dollar makes dollar-denominated commodities more accessible to investors holding other currencies.

    Both Brent and West Texas Intermediate crude fell more than 8 percent last week, their biggest weekly drop at the start of a new year since 2016. It

    said.[url=https://www.alsumaria.tv/Entity/3312278536/%D8%AA%D9%8A%D9%86%D8%A7 %D8%AA%D9%86%D8%AC/ar/]Tina Teng[/url]An analyst at CMC Markets, in a note, said, “Crude oil futures witnessed their largest weekly losses in a month due to recession fears, because oil prices have been positively linked to inflation since 2022, despite the reopening of[You must be registered and logged in to see this link.]It may prevent a decline in the near term.
    [rtl]Related articles[/rtl]

    And I opened[You must be registered and logged in to see this link.], the world's second-biggest oil consumer, set its limits on Saturday for the first time in three years, boosting expectations for its demand for the transport fuel.

    The number of domestic flights is expected to reach two billion during the Lunar New Year season, nearly double last year's traffic, restoring 70 percent of 2019 levels, it says.[You must be registered and logged in to see this link.].

    However, there are still concerns that this massive influx of travelers will lead to a further increase in COVID-19 infections and limit the recovery in Chinese economic activity.
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