Established in 2006 as a Community of Reality

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Neno's Place Established in 2006 as a Community of Reality


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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    oil consolidating near its highest level since mid - 2015

    Rocky
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    Join date : 2012-12-21
    • Post n°1

    oil consolidating near its highest level since mid - 2015 Empty oil consolidating near its highest level since mid - 2015

    Post by Rocky Wed 28 Dec 2016, 3:36 pm

    [size=32]
    oil consolidating near its highest level since mid - 2015[/size]
    oil consolidating near its highest level since mid - 2015 %D8%A7%D9%84%D9%86%D9%81%D8%B7

     Twilight News    

     6 hours ago



    Twilight News / Oil prices rose on Wednesday for the fourth consecutive session, approaching the peak recorded in mid-2015, while the market awaits the planned reduction in production in the Organization of Petroleum Exporting Countries indicators levels (OPEC) at the beginning of the new year.
    It was trading global London Brent crude futures, up 12 cents to $ 56.21 a barrel by 1248 GMT. Brent reached 57.89 dollars a barrel on Dec. 12, the highest level since July, in July 2015.
    And increased US West Texas Intermediate crude rose seven cents to $ 53.97 a barrel, near its highest level this year, which amounted to $ 54.51 per barrel on 12 December.
    And increased oil prices 25 percent since mid-November with the support of the expectations of OPEC output cut US economic data and strong also boosted stock prices.
    It is expected that dealings remain thin this week before the holiday beginning of the new year.
    The market awaits the official start of the implementation of the historic agreement between OPEC and a number of independent producers on reducing production. It is scheduled to begin implementation of the agreement on the first of January.
    It is expected to reduce the producers inside and outside OPEC production by about 1.8 million barrels per day agreed in Saudi Arabia - OPEC's largest producer - to shoulder the lion's share of this reduction.
    He said Iraqi Oil Minister Ali Jabbar Allaibi on Wednesday that his country, which has achieved rapid growth in production during the past two years, will cut production by between 200 and 210 thousand barrels of oil per day with effect from January.



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