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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

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    Oil gives up gains after US crude stockpiles increased

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    Oil gives up gains after US crude stockpiles increased Empty Oil gives up gains after US crude stockpiles increased

    Post by Rocky Thu 05 May 2016, 2:30 am

    [ltr]Oil gives up gains after US crude stockpiles increased[/ltr]
    Since 05.05.2016 at 08:28 (Baghdad time)

    [ltr]Oil gives up gains after US crude stockpiles increased 6[/ltr]
    [ltr]Follow-up - the balance of News[/ltr]
    [ltr]Oil prices dropped on initial gains after government data showed that US crude inventories posted a larger-than-expected increase last week to record a new record high.[/ltr]
    [ltr]Data from the US Energy Information Administration indicated that commercial oil stocks in the United States, which is at record levels since January saw an increase of 2.8 million barrels in the week ended April 29, while the analysts' forecasts point to a rise of 1.7 million barrels. Gasoline stocks also recorded a sudden increase.[/ltr]
    [ltr]US crude ended the decades to the nearest trading session 13 cents higher entitlement or the equivalent of 0.30 percent recorded at the settlement of $ 43.78 a barrel, while the global London Brent crude contract closed down 35 cents or 0.78 percent to $ 44.62 a barrel.[/ltr]
    [ltr]And gasoline fell 1.17 cent to $ 1.4925 decades gallon after the US Energy Information Administration sudden increase in inventories of motor fuel data showed.[/ltr]
    [ltr]Brent losses amounted to more than 5 percent since its highest level this year on Friday with a record Tdharrh from increased production from OPEC countries and signs of economic slowdown in the United States and Asia and rising US dollar. Ended 29/4 e[/ltr]


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    [/ltr]
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    Oil gives up gains after US crude stockpiles increased Empty Rebound in oil prices in global markets

    Post by Rocky Thu 05 May 2016, 4:12 am

    [rtl]

    Rebound in oil prices in global markets

    [/rtl]
    [rtl]History of edits:: 5.5.2016 9:47 • 96 visits readable[/rtl]
    Oil gives up gains after US crude stockpiles increased Story_img_572ae8c9496f5
    [rtl]
    {INTERNATIONAL: Euphrates News} Oil prices rose in trading in global markets, on Thursday morning.
    The price of a barrel of crude International benchmark Brent 45.24 countries, the US crude 44.38 dollars. 
    The Brent closed, on Wednesday, at $ 44.62 a barrel, while reached US crude futures settled at $ 43.78 a barrel. It 
    also amounted to losses Brent {US crude} more of 5% since hitting a record this year on Friday, with Tdharrh from increased production from the Organization of"OPEC" countries and signs of economic slowdown in the United States, Asia and the stronger US dollar. is over



    http://alforatnews.com/modules/news/article.php?storyid=115990
    [/rtl]
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    Oil gives up gains after US crude stockpiles increased Empty Oil prices are subject to the safety of the global economy

    Post by Rocky Thu 05 May 2016, 5:45 am

    Oil prices are subject to the safety of the global economy





    5/5/2016 0:00 

    [rtl]Morning - Agencies
    Fatih Birol, director of the International Energy Agency said that oil prices may have reached their lowest levels, but that depends on the health of the global economy so as not to be a cause for Qlq.osgel Brent crude earlier in the highest level in 2016 and amounted to $ 48.50 a barrel, thanks to optimism waning global glut that, coupled with the weakness of the dollar, which has contributed to the rise of futures contracts for crude prices of more than $ 20 a barrel since tumbled to its lowest level in 12 years, below $ 30 a barrel in the first quarter of the year.
    He said Birol told Reuters on the sidelines of the energy ministers Group of Seven meeting in Kitakyushu , southwest Japan: The output fell by more than 700 thousand barrels per day this year and the disruption of production in places including Nigeria and Kuwait led the upside. 
    Asked Birol if the prices hit bottom replied , «may It is the case, but it depends on what appears on the global economy. In normal economic conditions we will see prices trending upwards and not towards landing ».  
    He said, we believe that under normal circumstances near the end of this year .. thesecond half of the year or 2017 max will achieve market balance. 
    Birol said he hopes to see a rebound in upstream investments in next year after falling 40 percent in the past two years. The expected decline in production in non - Member States of more than 700 thousand barrels per day , OPEC, the biggest decline in nearly 20 years. He said what we would like to see him after the significant decline in 2015 and 2016 to recover investments (in 2017) and reach the level of $ 600 billion times Okhry.ookd Birol said investments fell for the third year will be problematic for the oil markets,  
    as it could lead to a jump in crude prices and the fluctuation of the largest and it is not for the benefit of consumers. He added that in the light of expectations global demand growth of 1.2 million barrels a day this year will start soon clouds of global inventories will contribute to higher Alosar.ovi light of these data, the expert analysis indicate the need to be the price of oil between $ 60 and $ 65 a barrel in order to reverse the trend (production) of oil shale and this requires some time for the return of shale oil because it needs a lot of work .. I think that it will take up to one year to change the direction ofshale oil production.[/rtl]


    [rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=115603[/rtl]
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    Oil gives up gains after US crude stockpiles increased Empty Oil stability

    Post by Rocky Thu 05 May 2016, 5:50 am

    Oil stability                                                     




    5/5/2016 0:00 

    [rtl] Capitals - Agencies
    [/rtl]
    Oil prices steadied in Asian trading Wednesday morning, two days after the landing, which lost 6 percent of the price yet, after the rise in oil prices in the month of April by the largest in years. The US light crude trimmed the difference between its price and the price of Brent crude, for two spins around the five and forty dollars per barrel barrier.The decline in the price of Brent crude to $ 45.10 a barrel, while US light crude price increased to $ 43.73 per barrel (up 8 percent). Oil prices took a downturn, despite the decline in the US dollar exchange rate, which is inversely proportional with him, because of fears of oversupply as a result of raising the head of production countries in the absence of global economic growth, including raising the demand.
    [rtl]


    http://www.alsabaah.iq/ArticleShow.aspx?ID=115607[/rtl]
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    Oil gives up gains after US crude stockpiles increased Empty The rise in oil prices due to a forest fire, Canada and the escalation of fighting in Libya

    Post by Rocky Thu 05 May 2016, 6:34 am

    [ltr]
    The rise in oil prices due to a forest fire, Canada and the escalation of fighting in Libya

    May 5, 2016


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    Oil gives up gains after US crude stockpiles increased R4[/ltr]
    Pumpjack in Oklahoma on Sept. 15, 2015. Photo: Nick Oxford - Reuters
    [ltr]
    Our economy / Agencies
    Oil jumped on Thursday after being hampered by a huge forest fire in Canada's oil sands production at the time, which is the intensification of the fighting in Libya a threat to the country's production of crude.
    By 0654 GMT, it was the World London Brent crude traded in the futures price of $ 45.36 a barrel, up 74 cents, or about 1.7 percent from the last closing price after three days of falling prices.
    And ascended WTI futures 95 cents, or about 2.2 percent to $ 44.73 a barrel.
    Traders said that the price of crude West Texas Intermediate jumped because of a forest fire in Canada has not been brought under control after leading to blocking oil production in Alberta province.
    The authorities said that the huge fire all the inhabitants of the city of Fort Mkmara forced in western Canada and the 88 thousand to leave their homes and destroyed the building in 1600 and is likely to destroy a large part of the city.
    And demanded the authorities populations direction north toward oil sands fields in Alberta with some of the pipelines in the area were closed as a precautionary measure which caused disruptions in production in many plants, although the size of the decline in production is not yet clear.
    And Brent crude jumped due to the escalation of fighting in Libya.
    Libyan official in Tripoli and warned that the country's oil production could fall by about 120 thousand barrels per day if the National Oil Corporation which was established in Benghazi in eastern Libya and the government continued to prevent the loading of oil tankers from the port of Marina Ahariqh.
    Libya's production of oil has already dropped to less than a quarter compared to what it was in 2011 when it reached 1.6 million barrels per day.


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    [/ltr]
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    Oil gives up gains after US crude stockpiles increased Empty Decline in US oil output by 5.8% after a decline in the number of drilling

    Post by Rocky Thu 05 May 2016, 6:47 am

    Decline in US oil output by 5.8% after a decline in the number of drilling rigs

    • Oil gives up gains after US crude stockpiles increased 4.14624350911670326919


    Publishing Date: Thu, 05 May 2016 7:58:11 a.m. | Views: 83

    BAGHDAD - News Today decline of US oil production, on Thursday, increased by 5.8% after adecline in the number of drilling rigs in, indicating that most of the decline came from the state of Alaska. Bloomberg News Economic News said that " the number of drilling rigs in the oil shale industry decreased resulting in decreased production of the United States to 5.8% compared to last year, while the Petroleum exporting countries Organization to increase its oil production "continues. the agency added that" the US energy Information Administration confirmed domestic oil production fell by 113,000 barrels a day last week, bringing the production to 8.825 million barrels, the lowest level since September 2014 , "indicating that" most of the decline came from Alaska, where output fell in 83 barrels per day. "

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