[ltr]Brent crude rises to highest level in 2016[/ltr]
Since 18/03/2016 17:05 pm (Baghdad time)
[ltr][You must be registered and logged in to see this image.][/ltr]
[ltr]Baghdad balances News[/ltr]
[ltr]Crude oil prices rose on Friday to its highest level this year, the highest price in three and a half months, and particularly since the beginning of December / December last.[/ltr]
[ltr]Crude oil prices rallied strongly in the wake of the Fed statement continued growth of the local economy, despite the slowdown in global economies, after Qatar currently identify 17 of the next month as the date for the meeting of 15 countries of the major producers to restore stability to the markets of crude oil.[/ltr]
[ltr]By the time (06:15 GMT), stepped International benchmark Brent crude prices for delivery in May / May to $ 41.68 a barrel, up from yesterday's closing price of $ 41.54.[/ltr]
[ltr]And crude oil markets are suffering from oversupply, due to limited demand caused by the decline in emerging economies and developing countries, such as Russia, Brazil, China, the euro zone countries.[/ltr]
[ltr]Oil prices have surged more than 50 percent from its lowest level in 12 years ago raised the Organization of the Petroleum Exporting Countries (OPEC), the idea of bringing the installed production Brent from about $ 27 and US crude from around $ 26.[/ltr]
[ltr]It predicts the International Energy Agency, to see crude oil prices, increased during the second half of this year, falling oversupply of 1.5 million barrels per day at the present time, to less than 200 thousand barrels during the second half.[/ltr]
[ltr]It fell Gold futures prices, with the decline of the dollar selling prices, which fell against a basket of major currencies in the wake of the Fed statement to keep interest rate unchanged on Wednesday.[/ltr]
[ltr]Gold prices fell seven dollars per ounce (ounce), by the time (08:54 GMT), down from $ 1265, which is the closing price on Thursday, but it remains above the psychological barrier of $ 1,250 an ounce.[/ltr]
[ltr]However, the raw gold prices are still low, compared with the highest levels recorded in 2011, when the price of an ounce of gold was $ 1,780, before falling with global markets recover from the global financial crisis.[/ltr]
[ltr]Gold climbed by 15% since the beginning of this year, to regain its role as a safe haven for clients, after the decline in global stock markets, fears the global economy.[/ltr]
[ltr]Gold is considered a safe haven, in the geopolitical and economic risk situation, turn to traders despite the lack of financial achieved its benefits, unlike investment in US dollars.[/ltr]
[ltr]It ended 29 / D 24[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
Since 18/03/2016 17:05 pm (Baghdad time)
[ltr][You must be registered and logged in to see this image.][/ltr]
[ltr]Baghdad balances News[/ltr]
[ltr]Crude oil prices rose on Friday to its highest level this year, the highest price in three and a half months, and particularly since the beginning of December / December last.[/ltr]
[ltr]Crude oil prices rallied strongly in the wake of the Fed statement continued growth of the local economy, despite the slowdown in global economies, after Qatar currently identify 17 of the next month as the date for the meeting of 15 countries of the major producers to restore stability to the markets of crude oil.[/ltr]
[ltr]By the time (06:15 GMT), stepped International benchmark Brent crude prices for delivery in May / May to $ 41.68 a barrel, up from yesterday's closing price of $ 41.54.[/ltr]
[ltr]And crude oil markets are suffering from oversupply, due to limited demand caused by the decline in emerging economies and developing countries, such as Russia, Brazil, China, the euro zone countries.[/ltr]
[ltr]Oil prices have surged more than 50 percent from its lowest level in 12 years ago raised the Organization of the Petroleum Exporting Countries (OPEC), the idea of bringing the installed production Brent from about $ 27 and US crude from around $ 26.[/ltr]
[ltr]It predicts the International Energy Agency, to see crude oil prices, increased during the second half of this year, falling oversupply of 1.5 million barrels per day at the present time, to less than 200 thousand barrels during the second half.[/ltr]
[ltr]It fell Gold futures prices, with the decline of the dollar selling prices, which fell against a basket of major currencies in the wake of the Fed statement to keep interest rate unchanged on Wednesday.[/ltr]
[ltr]Gold prices fell seven dollars per ounce (ounce), by the time (08:54 GMT), down from $ 1265, which is the closing price on Thursday, but it remains above the psychological barrier of $ 1,250 an ounce.[/ltr]
[ltr]However, the raw gold prices are still low, compared with the highest levels recorded in 2011, when the price of an ounce of gold was $ 1,780, before falling with global markets recover from the global financial crisis.[/ltr]
[ltr]Gold climbed by 15% since the beginning of this year, to regain its role as a safe haven for clients, after the decline in global stock markets, fears the global economy.[/ltr]
[ltr]Gold is considered a safe haven, in the geopolitical and economic risk situation, turn to traders despite the lack of financial achieved its benefits, unlike investment in US dollars.[/ltr]
[ltr]It ended 29 / D 24[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
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