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[ltr]Oil prices stabilized after signs of OPEC output cut[/ltr]
Since 13.12.2016 at 09:44 (Baghdad time)
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[ltr]Follow-up scales News[/ltr]
[ltr]Oil prices stabilized Tuesday after the first signs of reduced production by OPEC and the emergence of some other exporters, to tackle the global supply glut jointly.[/ltr]
[ltr]By at 02:11 GMT, it was trading futures contracts for crude at $ 55.76 a barrel, up 7 cents from the previous session.[/ltr]
[ltr]With WTI US fell 7 cents to $ 52.76 a barrel.[/ltr]
[ltr]Sources said that the UAE's ADNOC informed customers it would cut production between 3 to 5 percent, adding that it will take those necessary steps to reduce its production commitment agreement "OPEC".[/ltr]
[ltr]The producers are not members of the Organization of the Petroleum Exporting Countries Bkiedrh Russia have agreed on Saturday to cut production 558 thousand barrels per day, down from 600 thousand barrels per day, which was targeted, but they remain the largest contribution from non-OPEC at all.[/ltr]
[ltr]The decision comes after OPEC in November 30 agreed on a production cut of 1.2 million barrels per day for 6 months, the first of December Althani.anthy 29 / A 43[/ltr]
[ltr]https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.mawazin.net%2F%D8%A7%D9%84%D8%AC%D8%A8%D9%88%D8%B1%D9%8A-%D9%8A%D8%AA%D9%88%D8%AC%D9%87-%D8%A7%D9%84%D9%89-%D8%A7%D9%8A%D8%B1%D8%A7%D9%86-%D8%A8%D9%86%D8%A7-%D8%B9%D9%84%D9%89-%D8%AF%D8%B9%D9%88%D8%A9-%D8%B1%D8%B3%D9%85%D9%8A%D8%A9%2F%D8%B3%D9%8A%D8%A7%D8%B3%D9%8A%D8%A9&edit-text=
[/ltr]
Since 13.12.2016 at 09:44 (Baghdad time)
[ltr]
[/ltr][ltr]Follow-up scales News[/ltr]
[ltr]Oil prices stabilized Tuesday after the first signs of reduced production by OPEC and the emergence of some other exporters, to tackle the global supply glut jointly.[/ltr]
[ltr]By at 02:11 GMT, it was trading futures contracts for crude at $ 55.76 a barrel, up 7 cents from the previous session.[/ltr]
[ltr]With WTI US fell 7 cents to $ 52.76 a barrel.[/ltr]
[ltr]Sources said that the UAE's ADNOC informed customers it would cut production between 3 to 5 percent, adding that it will take those necessary steps to reduce its production commitment agreement "OPEC".[/ltr]
[ltr]The producers are not members of the Organization of the Petroleum Exporting Countries Bkiedrh Russia have agreed on Saturday to cut production 558 thousand barrels per day, down from 600 thousand barrels per day, which was targeted, but they remain the largest contribution from non-OPEC at all.[/ltr]
[ltr]The decision comes after OPEC in November 30 agreed on a production cut of 1.2 million barrels per day for 6 months, the first of December Althani.anthy 29 / A 43[/ltr]
[ltr]https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.mawazin.net%2F%D8%A7%D9%84%D8%AC%D8%A8%D9%88%D8%B1%D9%8A-%D9%8A%D8%AA%D9%88%D8%AC%D9%87-%D8%A7%D9%84%D9%89-%D8%A7%D9%8A%D8%B1%D8%A7%D9%86-%D8%A8%D9%86%D8%A7-%D8%B9%D9%84%D9%89-%D8%AF%D8%B9%D9%88%D8%A9-%D8%B1%D8%B3%D9%85%D9%8A%D8%A9%2F%D8%B3%D9%8A%D8%A7%D8%B3%D9%8A%D8%A9&edit-text=
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