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[ltr]Oil jumps 8% as the dollar fell[/ltr]
Since 02.04.2016 at 09:02 (Baghdad time)
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[ltr]Follow-up - the balance of News[/ltr]
[ltr]Oil prices rose eight percent as investors take advantage of the falling dollar and weak crude prices, ignoring the weekly data showed a large unexpected increase in crude oil inventories in the United States.[/ltr]
[ltr]The US Energy Information Administration said that "Crude oil inventories in the United States rose 7.8 million barrels last week, beating analysts' expectations of an increase of 4.8 million barrels."[/ltr]
[ltr]Hopes for an agreement to cut oil production to strengthen prices followed remarks by Russian Foreign Minister reiterated the emphasis on his country's readiness for the meeting if consensus between OPEC and producers outside the afternoon.[/ltr]
[ltr]Hui dollar index to its lowest price in seven weeks, which makes the initial denominated commodities less expensive for holders of other currencies in US currency amid growing doubts about the Fed's ability to raise interest rates again this year, and the release of data showing a larger-than-expected growth in the US services sector last month slowdown .[/ltr]
[ltr]Futures jumped to US oil to $ 2.4 or 8.03 percent at the settlement to $ 32.28 a barrel.[/ltr]
[ltr]And increased futures for Brent to $ 2.32, or 7.09 percent, to settle at 35.04 dollars a barrel after rising to $ 35.11. I ended 29/4 e[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
Since 02.04.2016 at 09:02 (Baghdad time)
[ltr][You must be registered and logged in to see this image.][/ltr]
[ltr]Follow-up - the balance of News[/ltr]
[ltr]Oil prices rose eight percent as investors take advantage of the falling dollar and weak crude prices, ignoring the weekly data showed a large unexpected increase in crude oil inventories in the United States.[/ltr]
[ltr]The US Energy Information Administration said that "Crude oil inventories in the United States rose 7.8 million barrels last week, beating analysts' expectations of an increase of 4.8 million barrels."[/ltr]
[ltr]Hopes for an agreement to cut oil production to strengthen prices followed remarks by Russian Foreign Minister reiterated the emphasis on his country's readiness for the meeting if consensus between OPEC and producers outside the afternoon.[/ltr]
[ltr]Hui dollar index to its lowest price in seven weeks, which makes the initial denominated commodities less expensive for holders of other currencies in US currency amid growing doubts about the Fed's ability to raise interest rates again this year, and the release of data showing a larger-than-expected growth in the US services sector last month slowdown .[/ltr]
[ltr]Futures jumped to US oil to $ 2.4 or 8.03 percent at the settlement to $ 32.28 a barrel.[/ltr]
[ltr]And increased futures for Brent to $ 2.32, or 7.09 percent, to settle at 35.04 dollars a barrel after rising to $ 35.11. I ended 29/4 e[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
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