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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


    Lower oil prices 3% due to increased OPEC production

    rocky
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    Lower oil prices 3% due to increased OPEC production Empty Lower oil prices 3% due to increased OPEC production

    Post by rocky Tue 03 May 2016, 2:42 am

    [ltr]Lower oil prices 3% due to increased OPEC production[/ltr]

     Since 03.05.2016 at 08:32 (Baghdad time)
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    [ltr]Follow-up - the balance of News[/ltr]
    [ltr]Oil prices fell nearly three percent, with the approach of the Organization of Petroleum Exporting Countries producing oil from its highest level ever in light of record purchases for speculative purposes in the global measurement Brent sparked a wave of selling to take profits after big gains last week.[/ltr]
    [ltr]He added that OPEC's crude oil production in April to 32.64 million barrels per day, just shy of its highest level so recently.[/ltr]
    [ltr]And exports rose southern fields in Iraq in April also increased exports transported by sea from Russia's largest oil exporter outside OPEC.[/ltr]
    [ltr]Traders attributed the decline in oil also rising inventories 821 thousand and 969 barrels in crude oil futures delivery point of US West Texas Intermediate at Cushing, Oklahoma for the week ending April 29.[/ltr]
    [ltr]Brent rose 21.5 percent in April, its biggest monthly gain in seven years.[/ltr]
    [ltr]And amounted to bets bulls Brent prices of all-time highs last week, while bookmakers have increased at an altitude of futures US crude and options contracts to the highest level in ten months, boosting see some investors that prices may have risen far too much speed.[/ltr]
    [ltr]And determine the settlement price for the contract closest to maturity Brent July delivery down $ 1.54, equivalent to 3.3 percent at $ 45.83 a barrel, after falling earlier in the session to $ 45.72.[/ltr]

    [ltr]And closed WTI down 1.14 dollars or 2.5 percent to $ 44.78 a barrel after it came down to $ 44.54. Ended 29/4 e[/ltr]


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    Lower oil prices 3% due to increased OPEC production Empty Speculation make crude oil prices fluctuate between 45 and 47 dollars per barrel

    Post by rocky Tue 03 May 2016, 5:55 am

    Speculation make crude oil prices fluctuate between 45 and 47 dollars per barrel


    Publishing Date: Tue, 03 May 2016 9:07:26 a.m. | Views: 40

    Bgdad_abar today

    Fluctuating crude oil prices, on Tuesday, as a result of speculation for prices ranging between 45 and 48 dollars per barrel.

    And amounted to bets bulls Brent prices of all-time highs last week, while bookmakers have increased at an altitude of futures US crude and options contracts to the highest level in ten months, boosting see some investors that prices may have risen far too much speed.


    And noon to a Reuters survey, OPEC crude oil production increased in April to 32.64 million barrels per day, just shy of its highest level so recently.

    And exports rose southern fields in Iraq in April also increased exports transported by sea from Russia's largest oil exporter outside OPEC.

    Brent prices rose at 2:17 pm Baghdad time by 17 cents, or 0.35% up to $ 46 per barrel, while US crude oil prices hit US $ 44.91, up 13 cents, or 0.29%.

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    Lower oil prices 3% due to increased OPEC production Empty Recovery is expected to return to the oil markets

    Post by rocky Tue 03 May 2016, 6:19 am

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    2016/05/03 | 14:00


    (Encyclopedia of the Day News | [You must be registered and logged in to see this link.] ) - Economy News follow - up to the British newspaper The Times published a report expected to return to recover the oil markets and rising crude oil prices in the second half of this year or next year, after it reached to its lowest level this year. The report was the statements to the Executive Director of the Organization of the international energy Fatih Birol, in Japan , in which he said "in a normal economic environment will see the direction of prices to climb up instead of down." he added Birol "we believe that under normal circumstances, will restore market balance in the second half of this year or in an end, and thefarthest in 2017 ". he arrived price of crude oil on the market in the last week to $ 48.50 a barrel, after it was reached less than $ 30 at its lowest level in 12 years, during the first three months of this year. it is expected low countries ' exports are not members of OPEC by about 700 thousand barrels per day this year, which is the biggest drop since 1992 and will be reflected in the promotion of high oil prices despite the continuing major petroleum producers to pump oil to the market at rates close to their highest levels . Saudi Arabia has continued to increase production at a time when Iraq and Iran over their output gradually. AJ
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    Lower oil prices 3% due to increased OPEC production Empty Re: Lower oil prices 3% due to increased OPEC production

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