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Neno's Place Established in 2006 as a Community of Reality


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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 on surging dollar

    Rocky
    Rocky
    Admin Assist
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    Posts : 267933
    Join date : 2012-12-21

    Lower oil prices on surging dollar Empty Lower oil prices on surging dollar

    Post by Rocky Sat 14 May 2016, 2:43 am

    [ltr]Lower oil prices on surging dollar[/ltr]

     Since 05.14.2016 at 08:38 (Baghdad time)
    [ltr]Lower oil prices on surging dollar 6[/ltr]
    [ltr]Follow-up - the balance of News[/ltr]
    [ltr]Oil prices fell after a rally that lasted three Oaam- on surging dollar and as investors lock in gains in recent profits, but crude has risen during the entire week, supported by the idleness of supply in Nigeria, where shrinking production there to its lowest level in 22 years, and the disruption of Canadian supply due to the fires in oil sands area.[/ltr]
    [ltr]The dollar reached its highest level in two weeks against a basket of major currencies, supported by expectations that raises the Fed (US central bank) interest rates again.[/ltr]
    [ltr]The record production of OPEC highest level since at least 2008 to reach 32.44 million barrels per day in April, an increase of 188 thousand barrels per day from March, according to a report of the organization. The organization pointed out that the oversupply plaguing the market for about two years, may increase in the current year.[/ltr]
    [ltr]Brent crude was down 25 cents at the settlement to $ 47.83 a barrel, while US crude ended trading down 49 cents to $ 46.21 a barrel.[/ltr]
    [ltr]During the week , Brent jumped 5.2 percent, while US crude rose 3.4 percent. Ended 29/4 e[/ltr]


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      Current date/time is Fri 12 Apr 2024, 7:43 am