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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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The drop in oil prices, with doubts about the surplus

rocky
rocky
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 The drop in oil prices, with doubts about the surplus Empty The drop in oil prices, with doubts about the surplus

Post by rocky Wed 07 Dec 2016, 2:52 am

[size=30]The drop in oil prices, with doubts about the surplus[/size]
07/12/2016 11:26 | Number of Views: 1
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Oil prices fell on Wednesday, because of the continuing uncertainty in the planned reduction in crude oil production, led by OPEC and Russia would be large enough to eliminate the oversupply experienced by the markets for more than two years.


Prices of futures contracts for Brent International fell 24 cents or 0.45 percent to $ 53.69 a barrel, compared with the last close them.

Engagements prices fell futures for WTI US mediator 19 cents or 0.37 percent to $ 50.74 a barrel.

Oil prices have risen 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.

But doubts emerged afterwards on whether the planned cuts big enough to end the surplus after talking to both OPEC and Russia for standard production.




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