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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


    The stability of oil prices in anticipation of OPEC meeting

    Rocky
    Rocky
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    The stability of oil prices in anticipation of OPEC meeting Empty The stability of oil prices in anticipation of OPEC meeting

    Post by Rocky Thu 02 Jun 2016, 4:28 am

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    [size=48]The stability of oil prices in anticipation of OPEC meeting


    June 2, 2016


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    The stability of oil prices in anticipation of OPEC meeting %D9%85%D9%86%D8%B5%D8%A7%D8%A7%D8%AA-%D9%86%D9%81%D8%B7
    Our economy / Agencies
    Oil prices steadied on Thursday after mixed signals in the market such as the Organization of Petroleum Exporting Countries meeting (OPEC) in Vienna, which analysts said it is expected to result in a cap on crude production.
    By 0657 GMT, it was trading the global London Brent crude futures at $ 49.75 a barrel, up three cents from the last settlement. It fell WTI futures six cents to $ 48.95 a barrel.
    OPEC meeting has seen on Thursday in the Austrian capital Vienna another confrontation between Saudi Arabia and Iran, where Riyadh is trying to revive a coordinated act or agreement on a formal ceiling for oil production, but Tehran refuses to cooperate.
    In spite of the increased production in the OPEC members in the Middle East under the overall productivity of the organization largely stable in the current year and currently it stands at 32.5 million barrels per day of production because of the turmoil in countries including Nigeria, Libya and Venezuela.
    Because of the disruption of production in other regions of oil-producing countries in the Middle East do not see sufficient reason to determine the level of production where the overall situation in the market is clearly improved for them in the current year.


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