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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 prices are falling due to increased drilling rigs in the United States

    Rocky
    Rocky
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    Posts : 265483
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    Oil prices are falling due to increased drilling rigs in the United States Empty Oil prices are falling due to increased drilling rigs in the United States

    Post by Rocky Mon 17 Oct 2016, 1:57 am

    [ltr]Oil prices are falling due to increased drilling rigs in the United States[/ltr]

     Since 17.10.2016 at 08:39 (Baghdad time)
    [ltr]Oil prices are falling due to increased drilling rigs in the United States 1[/ltr]
    [ltr]Follow-up scales News[/ltr]
    [ltr]Oil prices fell on Monday as a result of increasing the number of oil rigs in the United States and rising OPEC production to a record high and slowing global economic growth, which could weaken demand for fuel.[/ltr]
    [ltr]Futures contracts for WTI US prices have dropped by median 32 cents to $ 50.03 a barrel, compared with its level at the previous close.[/ltr]
    [ltr]Traders said, if WTI fell due to a further increase in the activity of drilling for oil in the United States.[/ltr]
    [ltr]She said Baker Hughes energy services company, said that drilling for oil in the United States companies added four rigs in the week ending 14 October.[/ltr]
    [ltr]This was the sixth week in a row in which the number of drilling rigs has not seen any decline, suggesting increasing the size of the expected production.[/ltr]
    [ltr]And also it landed contracts futures price for Brent 20 cents from the last closing price to $ 51.75 a barrel.[/ltr]
    [ltr]Traders said, if Brent hit by rising OPEC production to a record level of organization where production hit a record high of 33.6 million barrels of crude oil per day in Oilol.anthy 29 / A 43[/ltr]


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