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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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High oil prices driven by optimism freeze OPEC production

rocky
rocky
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 High oil prices driven by optimism freeze OPEC production Empty High oil prices driven by optimism freeze OPEC production

Post by rocky Mon 15 Aug 2016, 6:37 am

High oil prices driven by optimism freeze OPEC production

  •  High oil prices driven by optimism freeze OPEC production 5.1471245946169328479


Publishing Date: Mon, 15 Aug 2016 07:25:46 | Views: 57

Bgdad_abar today

Oil prices have tended towards the rise in early trade on Monday, driven by optimism freeze OPEC production in a market suffering from oversupply of oil.

Futures contracts rose for Brent 37 cents, or about 0.77% to $ 47.33 a barrel at 9:19 pm Baghdad time on the last level at closing and more than ten percent above the last close in July.



The futures contract rose WTI US mediator 40 cents or 0.90% to $ 44.89 a barrel on the latest closing them.

He said ANZ Bank, said that oil rose another with the accelerated pace of the possibility of freezing speculation OPEC production after Saudi Arabia indicated its willingness to discuss stabilizing markets during the informal talks of OPEC next month.

Oil prices rose in spite of a further strong rise in drilling activity in the United States when Baker Hughes data showed an increase in the number of drilling rigs operating in the United States by 15 last week to 396.

http://today-news.org/news.php?NewsID=29767

    Current date/time is Tue 31 Jan 2023, 8:47 pm