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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 rises to $ 52 a barrel

    Rocky
    Rocky
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    Posts : 270948
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    Oil rises to $ 52 a barrel Empty Oil rises to $ 52 a barrel

    Post by Rocky Wed 12 Oct 2016, 5:36 am

    Oil rises to $ 52 a barrel





    2016/10/12 | 11:40


    (Encyclopedia of the Day News | Iraq News ) - Economy

    Since 12/10/2016 11:17 pm (Baghdad time)


    Baghdad balances News

    Oil prices rose in global markets, on Wednesday morning.

    And ascended futures price of Brent blend oil by 0.44% to $ 52.62 a barrel, while futures contracts for crude oil prices of WTI grew by 0.33% to $ 50.96 a barrel.

    Experts say that this growth is the cause is due to expectations of a consultative meeting informally convened by the Organization of Petroleum Exporting Countries ( "OPEC") with the oil producers of non-members, on Wednesday, in Istanbul on the sidelines of the World Energy Conference, in an attempt to put the details of a global agreement to curb production for at least six months.

    In the last month , "OPEC" countries agreed at a meeting in Algeria to cut production to a range between 32.5 million and 33 million barrels per day. 

    The production of members of the "OPEC" countries are now high of 33.6 million barrels Aumia.anthy 29 / D 24




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