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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 fall 4% against the growing fears of a global supply glut

rocky
rocky
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Join date : 2012-12-21

Oil prices fall 4% against the growing fears of a global supply glut Empty Oil prices fall 4% against the growing fears of a global supply glut

Post by rocky Thu 14 Jul 2016, 3:07 am

[ltr]Oil prices fall 4% against the growing fears of a global supply glut[/ltr]

 Since 07.14.2016 at 08:31 (Baghdad time)
[ltr]Oil prices fall 4% against the growing fears of a global supply glut 12_1[/ltr]
[ltr]Follow-up - the balance of News[/ltr]
[ltr]Oil prices fell more than four percent wasted most of their gains in the previous session where the data is not encouraging on crude stocks in the United States have led to growing fears of a glut in global supply.[/ltr]
[ltr]The US Energy Information Administration said crude oil inventories in the United States fell less than expected last week, while distillate inventories rose to the highest level since January, and recorded gasoline stocks a sudden increase which would draw a picture of a weak unexpected demand during the summer holiday season.[/ltr]
[ltr]Management Report and pressure on prices in a falling market already after the International Energy Agency of the glut in global supply has warned, saying that crude inventories continued to rise last month, prompting the floating stocks to their highest level in seven years.[/ltr]
[ltr]And it landed the global Brent crude contracts for Brent crude to the nearest $ 2.21, or 4.6 percent, to reach maturity at 46.26 dollars a barrel settlement, while the US Brent crude contracts for West Texas dropped the average of $ 2.05, or 4.4 percent, to close at $ 44.75.[/ltr]

[ltr]The Van Alkiesaan jumped on Tuesday, about five percent registered the biggest gain for a single day since April by buying to cover short positions and purchases of technical factors, a day after Hbothma to their lowest levels in two months. It ended 29/4 e[/ltr]


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