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[rtl]Oil prices are down Wednesday[/rtl]
[rtl]
[/rtl]
[/rtl][rtl]BAGHDAD / Sky Press:[/rtl]
[rtl]Oil prices have, on Wednesday, down as a result of continuing uncertainty in the feasibility of reducing production-led organization of oil producing countries, "OPEC", Russia to promote markets that suffer from oversupply for more than two years.[/rtl]
[rtl]Prices of futures contracts for Brent International fell 24 cents or 0.45 percent to $ 53.69 a barrel, compared with the last close her .fima engagements futures prices for crude fell US West Texas Intermediate 19 cents, or 0.37 percent, to $ 50.74 a barrel.[/rtl]
[rtl]As oil prices rose dramatically reached 19 percent after the OPEC and Russia announced last week that they Stkhvadan jointly next year production in a bid to boost markets.[/rtl]
[rtl]But doubts emerged afterwards on whether the planned cuts big enough to end the surplus after talking to both OPEC and Russia for a record production, as quoted by Reuters news agency.[/rtl]
[rtl]The findings "OPEC", Russia, in November 30 last, a historic agreement to cuproduction in 2017 in an effort to eliminate the oversupply plaguing markets since more than two years.[/rtl]
[rtl]http://skypressiq.net/22683--.html
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