The rise in oil prices in world markets

by **Rocky** Sat 09 Apr 2016, 2:38 am

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Post n°1

The rise in oil prices in world markets

by Rocky Sat 09 Apr 2016, 2:38 am

[ltr]The rise in oil prices in world markets[/ltr]

Since 04.09.2016 at 08:24 (Baghdad time)
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[ltr]Follow-up - the balance of News[/ltr]
[ltr]Oil prices rose in global markets before the weights for the installation of the level of crude production.[/ltr]
[ltr]It stepped up crude futures for Brent International benchmark of $ 1.46 to $ 40.89 a barrel.[/ltr]
[ltr]Was trading WTI US mediator in the nearest month contract maturity, up US $ 1.40 at $ 38.66 a barrel.[/ltr]
[ltr]Experts said that "the reason for this increase is mainly due to renewed hopes for the possibility of installing the level of crude production."[/ltr]
[ltr]And across the Russian Energy Minister Alexander Novak in this regard, the hope that you can oil producing countries of the "OPEC" and outside members to agree on the installation of production during a meeting in the Qatari capital Doha later this month.[/ltr]

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by **Rocky** Sat 09 Apr 2016, 3:05 am

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Post n°2

Expectations by agreeing to install oil production

by Rocky Sat 09 Apr 2016, 3:05 am

Expectations by agreeing to install oil production

9/4/2016 0:00

[rtl] Morning agencies
and Russian Energy Minister Alexander Novak said on Friday he hoped that the major oil producers agree to install crude production at the meeting scheduled to be held in Doha this month.
Novak said that the producers are currently discussing a freeze production at levels thatmonth in January but may be put forward suggestions other. Global oil prices have jumped European market on Friday to its highest level in a week, due to a relative decline of the fears and abundant global supply with the continuing decline in oil production in the United States, and hopes for the success of the producers agreed to freeze production regardless of Iran 's refusal to participate so far in this agreement position . ,
and US crude rose to a level of $ 38.55 a barrel from an opening of $ 37.55 level and the highest level of $ 38.57, the highest since March 31 , and the lowest level of $ 37.44.
Brent rose to $ 40.60 a barrel from an opening of $ 39.65 level and the highest level of$ 40.66, the highest since 31 March and the lowest level of $ 39.62. Oil prices haveachieved so far , up more than 5 percent over the trading this week, on its way towards its first weekly gain in the last three weeks, due to an unexpected fall of US crude inventories, according to the US Energy Information Administration released this week ,data management, shale oil production dropped in the country by 14 thousand barrels per day for the week ending April 1, to decline the tenth week during a ten recent weeks, bringing the total 9.01 million barrels a day, the lowest level since November 2014. thus , the American production have lost about 600 thousand barrels per day since record highs reached at 9.61 million barrels per day in the week ending 5 b of the month ofJune 2015.[/rtl]

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by **Rocky** Sat 09 Apr 2016, 3:58 am

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Post n°3

Iraq's oil production has risen by 12% since 2015

by Rocky Sat 09 Apr 2016, 3:58 am

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Iraq's oil production has risen by 12% since 2015

 Baghdad / long-Presse

Revealed economic Norwegian Foundation, on Friday, rising Iraqi oil production rate since 2015 of 12%, as expected lower production rates in the next 2017, suggested that therate of return to rise after next year by 4% annually.
The Foundation (Ristad Aanerjee ) Norwegian economic analysis in a report I followed ( thelong - Presse), that " the data showed that oil production in Iraq over the past year in 2015, amounted to 3.9 million barrels per day, an increase ofproduction rates in 2014 by 12% limits." And suggested economic institution, that " the Iraqi crude production rates continue during the year to grow Kmadladtha during the past 2015," expected to "see those rates decline during the next 2017, to continue after the growth rate of 4% per year , year after year, and is controlled, by taking the first phase of the development of oil fields operating in Iraq into account operations " is complete. The American Foundation confirmed, in the first of March 2016, Iraq was the second largest contributor after the United States , the growth of the global market equipment of oil during 2015, of which four million barrels per day, while showed that Iraq 's production rates, including producing from the Kurdistan region, was higher than rates in the past in 2014, it attributed to a decline in domestic consumption and modernize infrastructure southern fields, and improve the quality of the raw source of the fields of Basra.

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by **Rocky** Sat 09 Apr 2016, 6:16 am

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Post n°4

Oil prices touched 42 dollars a barrel at the close of the trading week

by Rocky Sat 09 Apr 2016, 6:16 am

[ltr]
Oil prices touched 42 dollars a barrel at the close of the trading week

April 9, 2016

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Our economy / Agencies
Oil prices jumped more than 6 percent at the end of the trading week, the largest weekly increase registered in the month supported by a fall in US crude stocks raised hopes that the glut of global supplies may start to subside.
Crude prices and received support this week from closing line Keystone pipeline, which carries oil to the delivery of US crude futures center in Cushing, Oklahoma.
The market also drew support when Russia said that oil production declined as he prepares the key oil producers to meet in Doha on the seventeenth of April to freeze production.
And ended the World London Brent crude contracts for closer trading session high of $ 2.51 or 6.37 percent to maturity are recorded at the settlement of $ 41.94 a barrel, after having exceeded the level of $ 42 earlier in the session.
And stepped up US crude futures to $ 2.46, or 6.60 per cent to settle at 39.72 dollars a barrel.
And end Van Alkiesaan week on gains of about 8 percent is the largest weekly increase since the week ended on the fourth of March.

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by weslin3 Sat 09 Apr 2016, 7:00 am

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Post n°5

Re: The rise in oil prices in world markets

by weslin3 Sat 09 Apr 2016, 7:00 am

So what is with the $32 a barrel in the 2016 budget?? Come in with the lowest they think..

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The rise in oil prices in world markets

The rise in oil prices in world markets

Expectations by agreeing to install oil production

Expectations by agreeing to install oil production

Iraq's oil production has risen by 12% since 2015

Oil prices touched 42 dollars a barrel at the close of the trading week

Re: The rise in oil prices in world markets

Re: The rise in oil prices in world markets

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