Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.


We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

Get Daily Updates of the NEWS & GURUS in your EMAIL

Enter your email address:

 Oil jumps 2% supported by Falih's comments on prices DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Oil jumps 2% supported by Falih's comments on prices

Go down

 Oil jumps 2% supported by Falih's comments on prices Empty Oil jumps 2% supported by Falih's comments on prices

Post by claud39 on Fri Jun 07, 2019 7:50 am

 Oil jumps 2% supported by Falih's comments on prices


 Oil jumps 2% supported by Falih's comments on prices 8819

Economy News Baghdad:

Oil prices jumped more than 2 percent on Friday, extending from a five-month low this week, with signs that OPEC and other producers may extend their agreement to cut output.

By 0757 GMT, global crude futures for Brent crude were up $ 1.35 to $ 63.02 a barrel. West Texas Intermediate crude futures rose $ 1.10 to $ 53.69 a barrel.

Brent crude and West Texas crude are heading towards their strongest daily gain since late April.
Oil prices rose after Saudi Energy Minister Khalid al-Faleh told a sector conference in St Petersburg, Russia, that the price of $ 60 was too low to encourage investment in industry.

He added that he did not want to boost Saudi production to compensate for the drop in oil prices and that a return to the situation of price collapse in 2014-2015 is simply unacceptable.

The Opec + agreement, which includes members of the Organization of the Petroleum Exporting Countries (OPEC) as well as other producers, including Russia, expires to cut output by 1.2 million bpd by the end of this month.
Russian President Vladimir Putin said on Thursday Russia had differences with OPEC over the fair price of oil but Moscow would make a joint decision with OPEC members at a meeting on production policy in the coming weeks.

VIP Member
VIP Member

Posts : 11786
Join date : 2018-11-04

Back to top Go down

Back to top

Permissions in this forum:
You cannot reply to topics in this forum