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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 prices are falling due to profit-taking .., Russia: we can install production if we reached an a

    Rocky
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    • Post n°1

    Oil prices are falling due to profit-taking .., Russia: we can install production if we reached an a Empty Oil prices are falling due to profit-taking .., Russia: we can install production if we reached an a

    Post by Rocky Sat 01 Oct 2016, 2:34 am

    Oil prices are falling due to profit-taking .., Russia: we can install production if we reached an a -1
    Oil prices are falling due to profit-taking .., Russia: we can install production if we reached an agreement with OPEC


     Reuters / New York-Moscow-Tehran 

    Oil prices fell, on Friday, as investors tookprofits after a rise of seven percent in theprevious two sessions amid doubts that thefirst agreement of the Organization of the Petroleum Exporting Countries (OPEC) in eight years on theproduction cuts would yield a significant decline in the glut of global supply of crude. 
    the decline in global London Brent crude futures 63 cents to $ 48.61 a barrel by 0645 GMT , after 55 cents ,or 1.1 percent , rose at the previous settlement. 
    and went down US crude 58 cents to $ 47.25 a barrel , after closing up 78 cents in the previous session that touched the highest level in a month at $ 48.32 a barrel. 
    the heading Brent and US crude toward weekly gains of nearly seven percent , including prompting investors to profit in Asian trading reap according to Jonathan Barratt , investment manager at Ayers Alliance said in Sydney. 
    OPEC agreed last Wednesday , to cut production to between 32.5 million and 33 million barrels a day from about 33.5 million barrels per day capacity , told Reuters on the level of production in August. 
    It is scheduled to finalize the details of the agreement , including the production of each country quotas during the regular meeting of the organization in November. 
    for his part, Russian energy Minister Alexander Novak, said his country will find mechanisms to stabilize oil production and tools if reached an agreement with the Organization of the Petroleum exporting countries (OPEC) on reducing production. 
    he informed Novak journalists on the sidelines of a business forum in the resort of Sochi on the Black Sea that a delegation from the Department of energy of Iran will visit Russia in October or November to view potential oil deals on Russian companies. 
    quoted by RIA news agency Ali Waheed Alekperov , CEO of Lukoil 's second - largest oil producer in Russia , as saying, " the company will keep its crude in in 2017 when the level in the current year. " on 
    the other hand , said Alekperov told reporters that the company expects the arrival of its investments in 2016 to between 7.5 billion and 7.8 billion dollars. 
    he added , " We plan to maintain this level in the next three years. " 
    he noted President Executive that the potential increase of the taxes imposed on the Russian oil sector will lead to reduced investment in exploration may reduce oil production already in 2018-2019. 
    He stated that Lukoil was in talks with Iran over participation in the development of two fields in the country and hopes to have signed their contract in about a year. 
    as I jumped and imports of Iranian oil to the four biggest buyers have in Asia , 81 percent in August / August compared with a year ago, the highest percentage increase since April / April 2014 with the restoration ofTehran 's market share from its rivals Saudi Arabia and Iraq. 
    the increased Iran 's third largest producer in the Organization of countries Petroleum exporting Countries(OPEC) , exports of crude last month to more than two million barrels per day, according to a source familiar with the tanker loading schedule for approaching exports from the levels of the pre - sanctions recorded by Tehran five years ago. 
    government data showed the other tracking the movement of the ships that the four largest buyers Iranian crude in Asia and are South Korea, Japan, China, India imported 1.84 million barrels per day in August / August. That is the highest level of imports in at least five and a half years. 
    The Ministry of Japanese trade, official data height of Japan 's imports of Iranian oil 31.4 percent on anannual basis appear in the last month to reach 235 thousand and 612 barrels per day.

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