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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

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    Falling oil prices as a result of an error in the International Energy Agency estimates

    Rocky
    Rocky
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    Falling oil prices as a result of an error in the International Energy Agency estimates Empty Falling oil prices as a result of an error in the International Energy Agency estimates

    Post by Rocky Sun 20 Mar 2016, 3:27 am

    [ltr]Falling oil prices as a result of an error in the International Energy Agency estimates[/ltr]

     Since 03.20.2016 at 08:22 (Baghdad time)
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    [ltr]Follow-up - the balance of News[/ltr]
    [ltr]It is possible to be a bug in the International Energy Agency estimates behind the fall in oil prices in the past year.[/ltr]
    [ltr]The newspaper "Wall Street Journal" said that a possible error in the International Energy Agency statistics to cause a fall in oil prices in 2015.[/ltr]
    [ltr]The International Energy Agency, which affect expectations, estimates on oil prices, announced last year that oil production in the world exceeds the demand of 1.9 million barrels per day. The 770 thousand barrels of surplus quantities placed in storage while it was 300 thousand in transportation to consumers. The Agency has not been able to reveal the fate of about 800 thousand barrels.[/ltr]
    [ltr]He thinks analysts who spoke to the newspaper that the 800 thousand barrels "missing" were not exist only on paper. If the confirmation of the existence of this error in the statistics agency could receive a major boost oil prices to rise.[/ltr]
    [ltr]Says David Percyl, director of the investment bank, it can record oil prices up quickly if the supply in the market because of the different expectations of barrels lost. Ended 29/4 e[/ltr]


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