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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 recover in Asian trade

    Rocky
    Rocky
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    • Post n°1

    Oil prices recover in Asian trade Empty Oil prices recover in Asian trade

    Post by Rocky Wed 30 Mar 2016, 2:50 am

    [ltr]Oil prices recover in Asian trade[/ltr]
    [ltr]economy[/ltr]
     Since 03.30.2016 at 08:32 (Baghdad time)
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    [ltr]Follow-up - the balance of News[/ltr]
    [ltr]Oil rebounded in Asian trade on Wednesday, supported by expectations for increased less than expected in crude stocks in the United States.[/ltr]
    [ltr]The oil was also supported by a weaker dollar, but gains limited by concern over the erosion of a rally that began two months ago in a market experiencing a glut in supply.[/ltr]
    [ltr]And it increased the global Brent crude contracts for Brent crude to the nearest maturity of 19 cents, or about 0.49 percent to $ 39.33 a barrel at 0330 GMT, after it ended the previous session low of $ 1.13.[/ltr]
    [ltr]And it stepped up US Brent crude contracts for West Texas Intermediate 31 cents or 0.81 percent to $ 38.59 a barrel after having closed on Tuesday as low as $ 1.11.[/ltr]
    [ltr]Oil prices have fallen about 3 percent in the previous session after Kuwait and Saudi Arabia said they will resume production in the field of Khafji joint capacity of 300 thousand barrels per day, even at a time when production is supposed to freeze.[/ltr]
    [ltr]Data from the American Petroleum Institute late Tuesday that crude inventories in the United States rose last week 2.6 million barrels to 534.4 million barrels.[/ltr]
    [ltr]This increase is less than the average analysts' expectations, but lifted stocks to a new record high for the seventh consecutive week.[/ltr]
    [ltr]It is expected that the US Energy Information Administration issued official statements petroleum inventories later on Wednesday.Ended 29/4 e[/ltr]


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