bo Crude oil price gears towards $60 per barrel
back link building services=

!!

Join over 140k discussions or create one FREE


Cokoye is an Africans forum with over 500k members where people freely discuss issues. Register now to Join or start discussions FREE.

digital marketing
« previous next »
Pages: [1]   Go Down

Author Topic: Crude oil price gears towards $60 per barrel  (Read 991 times)

0 Members and 1 Guest are viewing this topic.

Offline yungcrae

  • Cokoye Lover!
  • ***
  • Posts: 460
  • Karma: +0/-0
  • Gender: Male
    • View Profile
Crude oil price gears towards $60 per barrel
« on: »


OPEC’s proposed deal to cut production has “put a floor” under the oil price at around $50 a barrel, Reuters reports
International benchmark Brent crude dropped to a little above $52 from nearly two per cent gain of $52.67 last night.

West Texas Intermediate, hit a year-high of close to $52 at one point last night and was holding above $51 a barrel this morning.Optimism is growing for future trading, too, BMI Research says it sees “significant potential for an upwards break in Brent towards $60 per barrel”.

BMI Research argues this is down to “bullish technical drivers and supportive conditions in the broader financial markets”.

In addition to ongoing speculation that OPEC will also confirm its tentative supply deal when it meets formally next month, markets are buoyed by official data showing raw crude stockpiles in the US has fallen for the sixth time in seven weeks.

Source: http://nignews.com.ng/crude-oil-price-gears-towards-60-per-barrel/
Logged

Cokoye

Crude oil price gears towards $60 per barrel
« on: »
back link building services=
Pages: [1]   Go Up
« previous next »
 

+ Quick Reply

With Quick-Reply you can write a post when viewing a topic without loading a new page. You can still use bulletin board code and smileys as you would in a normal post.

Name: Email:
Verification:
Type fifty as a number:

Related Topics


back link building services=