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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 declining.. What is the relationship of Kurdistan supplies?

    rocky
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    • Post n°1

    Oil prices are declining.. What is the relationship of Kurdistan supplies? Empty Oil prices are declining.. What is the relationship of Kurdistan supplies?

    Post by rocky Thu 30 Mar 2023, 4:13 am

    [size=35][size=35]Oil prices are declining.. What is the relationship of Kurdistan supplies?[/size]
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    Economy

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    2023-03-30 | 02:04
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    Alsumaria News - Economy

    Oil prices fell today, Thursday, with the rise of the dollar, while investors are closely watching developments regarding the reduction of oil exports from the Kurdistan region of Iraq.


    By 04:46 GMT, Brent crude futures fell 24 cents, or 0.31%, to $78.04 a barrel. US West Texas Intermediate crude fell 18 cents, or 0.25%, to $72.79 a barrel.






    The dollar index, which is moving in a general direction opposite to oil, rose 0.11% today, Thursday, to 102.75. The strength of the dollar makes the commodities denominated in it more expensive for holders of other currencies.[You must be registered and logged in to see this link.]

    Companies data showed that producers in the territory[You must be registered and logged in to see this link.]Northern semi-autonomous[You must be registered and logged in to see this link.]They suspended or reduced their oil production after stopping oil exports from the North pipeline[You must be registered and logged in to see this link.], with more crashes expected in the future.

    But analysts from[You must be registered and logged in to see this link.]"Changes in Iraq's internal politics may lead to a permanent political settlement very soon," they said Thursday, estimating that pipeline flows could grow by about 200,000 barrels per day.

    Meanwhile, an unexpected drop in US crude oil inventories limited the price decline. Imports fell to the lowest level in two years, according to the US Energy Information Administration.

    Crude oil inventories fell by 7.5 million barrels in the week ending March 24 to 473.7 million barrels, compared with analysts' expectations in a poll conducted by[You must be registered and logged in to see this link.]to increase by 100,000 barrels.

    Analysts said of[url=https://www.alsumaria.tv/Entity/122917/%D8%A8%D9%86%D9%83 %D8%A3%D8%B3%D8%AA%D8%B1%D8%A7%D9%84%D9%8A%D8%A7 %D8%A7%D9%84%D9%88%D8%B7%D9%86%D9%8A/ar/]National Australia Bank[/url]: "It is expected that a seasonal increase in demand by the end of the second quarter will lead to a rise in (oil) prices from the current levels."

    At the same time, lower-than-target cuts in Russian crude production eased supply concerns. Sources familiar with the data

    told[You must be registered and logged in to see this link.]Russian crude production fell by about 300,000 barrels per day in the first three weeks of March, less than the target cuts of 500,000 barrels per day.
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