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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 rise to 7% with a welcome Iran to freeze production

    Rocky
    Rocky
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    Posts : 268128
    Join date : 2012-12-21

    Oil prices rise to 7% with a welcome Iran to freeze production Empty Oil prices rise to 7% with a welcome Iran to freeze production

    Post by Rocky Thu 18 Feb 2016, 2:50 am

    [ltr]Oil prices rise to 7% with a welcome Iran to freeze production[/ltr]
    [ltr] Since 02.18.2016 at 09:11 (Baghdad time)
    Oil prices rise to 7% with a welcome Iran to freeze production 27
    Follow-up - the balance of News
    Oil prices rose seven percent after Iran expressed its support for Russia's move and Saudi Arabia led to the freezing of production to address the oversupply that pushed crude prices to their lowest levels in ten years.
    He met with Iranian Oil Minister Bijan Zanganeh with his counterparts from Venezuela, Iraq and Qatar in Tehran for more than two hours on Wednesday and said the "proposed" production ceiling should be the first step to bring stability to the market.
    But Zanganeh did not mention in his remarks broadcast site of the Ministry of Information Iranian oil if Iran will freeze production at January levels in line with the proposal, which requires the participation of major producers such as Russia and Saudi Arabia.
    The Iranian official said before the meeting that "his country will continue to increase oil production to levels before the imposition of sanctions in 2012. In Tehran, a major obstacle to the first joint agreement for producers inside OPEC and outside in the 15 years after he vowed to regain market share lost as a result of sanctions."
    Although it helped Zanganeh's remarks in the ignition spark a wave of strong rally.
    And determine the settlement price for Brent to rise to $ 2.32, equivalent to 7.2 percent at $ 34.50 a barrel, while US crude was up 1.62 percent, or 5.6 percent, at $ 30.66 a barrel. Ended 29/4 e




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