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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


    Oil falls 3% with fading hopes of reaching an agreement in Algeria

    Rocky
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    • Post n°1

    Oil falls 3% with fading hopes of reaching an agreement in Algeria Empty Oil falls 3% with fading hopes of reaching an agreement in Algeria

    Post by Rocky Wed 28 Sep 2016, 4:16 am

    [size=30]Oil falls 3% with fading hopes of reaching an agreement in Algeria[/size]
    28/09/2016 10:33 | Number of Views: 47
    font size: Oil falls 3% with fading hopes of reaching an agreement in Algeria Font_decrease Oil falls 3% with fading hopes of reaching an agreement in Algeria Font_enlarge
    Oil falls 3% with fading hopes of reaching an agreement in Algeria Thumbnail.php?file=LYNXNPEC8Q1BU_L_805698121
    [rtl]Direction Press / follow-up[/rtl]
    [rtl]Oil fell nearly three percent on Tuesday after Saudi Arabia and Iran dashed hopes of the market that OPEC's main producer reach a compromise during the Algiers meeting this week to ease the glut of global supply of crude.[/rtl]
    [rtl]He informed the Saudi Energy Minister Khalid al-Falih journalists in Algiers, where she will meet OPEC and other oil producers to attend the International Energy Forum, between 26 and 28 September, it is not expected to result in consultations last day of the meeting an agreement.[/rtl]
    [rtl]He added that he sees no need to amend the supply or decrease significantly and that he should be allowed to Iran, Libya and Nigeria production at maximum levels of newly registered.[/rtl]
    [rtl]Jim Williams, an analyst at Dblao.ta.ar.ja Economics "and said if you're looking for something serious from this meeting here it is .. instead of the cut say to everyone that increase the supply increased significantly."[/rtl]
    [rtl]Iran has rejected that attempt to return oil exports to pre-sanctions levels Saudis offer to impose restrictions on production in exchange for reduced supplies pumped by Riyadh.[/rtl]
    [rtl]He said Iranian Oil Minister Bijan Zanganeh said Algeria talks "is not the right time for the industry's decision."[/rtl]
    [rtl]He pointed instead to the scheduled informal OPEC meeting Nov. 30 in Vienna, saying, "We will try to reach an agreement of November".[/rtl]
    [rtl]The talks Algeria is the second attempt by the OPEC agreement on production after an earlier round hosted by Doha in April failed.[/rtl]
    [rtl]And it abandoned the futures of crude oil for a large part of the previous session that have been made by the hopes of concluding an agreement gains.[/rtl]
    [rtl]And determine the settlement price for Brent crude down to $ 1.38, equivalent to 2.9 percent at $ 45.97 a barrel.[/rtl]
     
    [rtl]And went down US crude West Texas Intermediate to $ 1.29, or 2.7 percent, to $ 44.67.[/rtl]

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