Oil prices fell after the Doha meeting

by **Rocky** Mon 18 Apr 2016, 2:42 am

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Post n°1

Oil prices fell after the Doha meeting

by Rocky Mon 18 Apr 2016, 2:42 am

[ltr]Oil prices fell after the Doha meeting[/ltr]

Since 04.18.2016 at 08:28 (Baghdad time)
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[ltr]Follow-up - the balance of News[/ltr]
[ltr]Decline in the price of a barrel of oil on Monday morning, the day after a major oil-producing countries to reach agreement on a freeze of production failure during a meeting in Doha, in order to revive prices.[/ltr]
[ltr]And translate the Doha meeting fails to decline in prices in the first Asian trade, as it lost a barrel of West Texas Intermediate for May delivery was two dollars and twenty cents, or 5.45 percent from the closing price Friday of $ 38.16.[/ltr]
[ltr]Also it lost Brent for June delivery was two dollars and 23 cents, or 5.17 percent, to around $ 40.87.[/ltr]
[ltr]This came after the collapse concluded by representatives of 15 countries of the largest oil producers on Sunday evening, their consultations in Doha to discuss the freeze of production, without reaching an agreement. Ended 29/4 e[/ltr]

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by **Rocky** Mon 18 Apr 2016, 4:32 am

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Post n°2

The collapse of the major oil producers meeting in Qatar cause a drop in oil prices

by Rocky Mon 18 Apr 2016, 4:32 am

[rtl]

The collapse of the major oil producers meeting in Qatar cause a drop in oil prices

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[rtl]History of edits:: 18/04/2016 9:38 • 66 visits readable[/rtl]

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[rtl]
{Baghdad} Euphrates News Oil prices fell on Monday, after the collapse of a meeting of major oil producers in Qatar without an agreement to freeze production.
According to news sites today, that "tensions between Saudi Arabia and Iran was the reason for the failure Alriass in this new industry , which fears that more major producers who were dominated by governments battle for market share by offering larger discounts than ever." Peter Lee said oil analyst at {BMI Research} , a unit of Fitch Ratings said that " the credibility of OPEC in output coordinate very low now, but it is for the Saudis is not about oil only, it 's about dramatically policy regional."he said Morgan Stanley , the US bank said that " the lack of even a non - binding agreement after an agreement in February confirms the poor state of relations OPEC , " adding , "we now see a growing threat to an increase in OPEC supply."landed contracts of Brent international crude six percent in early trading on Monday before rising to $ 41.31 a barrel at 0355 GMT , although less 4.15 percent since theprevious settlement. the US crude contracts fell 4.6 percent to $ 38.50 for Brmel.anthy

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by **wciappetta** Mon 18 Apr 2016, 7:07 am

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Post n°3

Re: Oil prices fell after the Doha meeting

by wciappetta Mon 18 Apr 2016, 7:07 am

Guess the IMF could smell it.... re-budget @ $32.00

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