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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 prices fell in front of the continuing supply glut

rocky
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Oil prices fell in front of the continuing supply glut Empty Oil prices fell in front of the continuing supply glut

Post by rocky Sat 21 May 2016, 2:29 am

[ltr]Oil prices fell in front of the continuing supply glut[/ltr]

 Since 05.21.2016 at 08:18 (Baghdad time)
[ltr]Oil prices fell in front of the continuing supply glut 8[/ltr]
[ltr]Mtabah- balances News[/ltr]
[ltr]Oil prices fell after the rise of the dollar encouraged investors to profit-taking to take advantage of the second week of gains in the crude market is still focused on evaluating the potential impact of unscheduled disruptions in the global supply glut stubborn.[/ltr]
[ltr]The dollar jumped to its highest level in more than three weeks against the Japanese yen and scored a third week of gains with rising expectations that the US central bank will raise interest rates this summer.[/ltr]
[ltr]And it makes dollar-denominated oil contracts to the US currency more expensive to holders of other currencies.[/ltr]
[ltr]And it ended the World London Brent crude contracts for the nearest low trading session maturity of 9 cents to a record settlement of $ 48.72 when a barrel, while US crude fell 41 cents to close at $ 47.75 a barrel.[/ltr]
[ltr]Oil and record the second consecutive week of gains with a rise in sudden interruptions in supplies to the highest level in at least five years due to forest fires in Canada and declines in crude production in Nigeria, Libya and Venezuela.[/ltr]
[ltr]US crude ends week on a gain of 3.3 percent while Brent rose 1.7 percent. Ended 29/4 e[/ltr]


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