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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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    Losses for Basra and Brent crude at the end of the week's trading

    Rocky
    Rocky
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    Losses for Basra and Brent crude at the end of the week's trading Empty Losses for Basra and Brent crude at the end of the week's trading

    Post by Rocky Sat 18 Mar 2023, 5:34 am

    [size=45][size=41]Losses for Basra and Brent crude at the end of the week's trading[/size]
     4 hours ago
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    Basra crude closed with a weekly loss of more than 7%, while Brent and American recorded losses of more than 12%, affected by the banking sector turmoil during the past week.
    Basra Heavy crude closed in its last session on Friday, at an increase of 1.14 dollars, to reach 69.26 dollars, and recorded a large weekly loss of 5.42 cents, equivalent to 7.26%.
    While Basra Light crude closed in its last session higher, also amounting to 1.14 dollars, to reach 74.01 dollars, and recorded a weekly loss of 5.42 dollars, or the equivalent of 6.82%.
    As for Brent crude, it closed in the last session of yesterday, Friday, down by 1.73 dollars, to reach 72.07 dollars, and recorded a large weekly loss amounting to 10.71 dollars, or the equivalent of 12.94%.
    West Texas Intermediate (WTI) crude closed in its last session of Friday, down by $1.61, to reach $66.74 per barrel, and also recorded a weekly loss of $9.94, or 12.96%.
    Crude oil prices witnessed a decline during the past week, affected by the unrest in the banking sector and the bankruptcy of some of them, which shattered the optimism of investors regarding the recovery of demand for oil after the economic growth in China.
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