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[rtl]History of edits:: 27.05.2016 10:14 • 52 visits readable[/rtl]
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{International: Euphrates News} Oil prices stabilized in trading Friday, near the $ 50 level in global markets.
Was trading Brent crude futures price of $ 49.59 a barrel at the settlement, after rising yesterday to $ 50.51 a barrel , its highest level since early November last year.
US crude fell futures to $ 49.48 a barrel at the settlement, after the 50.21 record dollars a barrel on Thursday, its highest level since early October / October last year.
crude oil prices have tested the level of $ 50 a barrel Thursday for the first time since last fall, but she fell and landed at the settlement as investors worried that encourages high prices on the increase oil production, exacerbating the glut ofglobal supply.
analysts say that " the rise of prices above $ 50 a barrel may stimulate shale oil companies in the United States in the first place for the resumption of production operations have been suspended, which would inflate the supply again, and lead to a significant decline in the price " . Ended h
http://alforatnews.com/modules/news/article.php?storyid=118054
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Oil settles near $ 50 a barrel and fears of a significant decline in prices
[/rtl][rtl]History of edits:: 27.05.2016 10:14 • 52 visits readable[/rtl]
{International: Euphrates News} Oil prices stabilized in trading Friday, near the $ 50 level in global markets.
Was trading Brent crude futures price of $ 49.59 a barrel at the settlement, after rising yesterday to $ 50.51 a barrel , its highest level since early November last year.
US crude fell futures to $ 49.48 a barrel at the settlement, after the 50.21 record dollars a barrel on Thursday, its highest level since early October / October last year.
crude oil prices have tested the level of $ 50 a barrel Thursday for the first time since last fall, but she fell and landed at the settlement as investors worried that encourages high prices on the increase oil production, exacerbating the glut ofglobal supply.
analysts say that " the rise of prices above $ 50 a barrel may stimulate shale oil companies in the United States in the first place for the resumption of production operations have been suspended, which would inflate the supply again, and lead to a significant decline in the price " . Ended h
http://alforatnews.com/modules/news/article.php?storyid=118054
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