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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 futures fall on fears of fading upward trend

    Rocky
    Rocky
    Rocky
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    Posts : 279252
    Join date : 2012-12-21
    • Post n°1

    Oil futures fall on fears of fading upward trend Empty Oil futures fall on fears of fading upward trend

    Post by Rocky Tue 29 Mar 2016, 2:51 am

    [ltr]Oil futures fall on fears of fading upward trend[/ltr]

     Since 03.29.2016 at 08:21 (Baghdad time)
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    [ltr]Follow-up - the balance of News[/ltr]
    [ltr]Oil futures fell during Asian trading on Tuesday, with the growing concern that a rally since January fade, while analysts expected a further increase lift US crude stocks to new highs.[/ltr]
    [ltr]It fell US Brent crude contracts for West Texas Intermediate to the nearest maturity of 25 cents, or about 0.63 percent to $ 39.14 a barrel by 0430 GMT, after it ended the previous session low 7 cents.[/ltr]
    [ltr]And it landed the global Brent crude contracts for Brent 28 cents or 0.70 percent to $ 39.99 a barrel, after having been closed for the Monday session low 17 cents.[/ltr]
    [ltr]The Reuters poll showed late on Monday that it expected to post a commercial oil inventories in the United States record highs for the seventh consecutive week, while likely to decline Inventories of refined products.[/ltr]
    [ltr]The survey of eight analysts estimated that it is expected that oil inventories registered an increase of 3.2 million barrels in the week ended March 25. It is expected to issue a weekly American Petroleum Institute inventory data for 2030 GMT on Tuesday, while US Energy Information Administration data will be published at 1430 GMT on Wednesday.[/ltr]
    [ltr]The prices of Brent and US crude high of about 50 percent from its lowest level in 12 years, which have fallen to them in the middle of February, but the oil market has taken a downward path over the past seven sessions tracts downs in the commodity markets.[/ltr]

    [ltr]He said Bank (ANZ) in a note on Tuesday morning , " the last climb seems to be losing steam as investors driving the sales for the settlement of creditor positions, this will remain the case as a continuous improvement in the fundamentals did not happen." End quote 29/4 e[/ltr]


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