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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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    The rise in oil prices due to low stocks

    Rocky
    Rocky
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    Posts : 278350
    Join date : 2012-12-21

     The rise in oil prices due to low stocks Empty The rise in oil prices due to low stocks

    Post by Rocky Thu 08 Sep 2016, 5:45 am

    08/09/2016 10:23 | Number of Views: 82
    font size:  The rise in oil prices due to low stocks Font_decrease  The rise in oil prices due to low stocks Font_enlarge
     The rise in oil prices due to low stocks Thumbnail.php?file=220151303450_168078661
    [rtl]Direction Press / Agencies[/rtl]
    [rtl]Oil prices rose on Thursday, continuing its recent gains chain, taking advantage of the drop in US oil inventories is the largest of its kind in three decades.[/rtl]
    [rtl]Brent rose "London", for delivery in November, B76 cents, to $ 48.74 a barrel, by at 01:26 GMT, after it had risen with 72 cents last Wednesday.[/rtl]
    [rtl]US crude, "NYMEX", for delivery in October, 85 cents, and rose to $ 46.35, after rising in the previous session, with 67 cents.[/rtl]
    [rtl]US stocks fell, suddenly, B12.1 million barrels last week, according to Reuters quoted the American Petroleum Institute.[/rtl]
    [rtl]The forecasts suggest an increase of about 20 thousand barrels of oil to the US inventory, but the opposite is what happened.[/rtl]
    [rtl]And revived the declaration of Russia and Saudi Arabia, recently, their determination to cooperate in oil prices, amid hopes for an agreement leading to the freezing of the production ceiling.[/rtl]


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