Arab Today, arab today crude prices fall on ample supplies
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

Crude prices fall on ample supplies

Arab Today, arab today

Arab Today, arab today Crude prices fall on ample supplies

Crude prices continued to drop
New York - XINHUA

Crude prices continued to drop Thursday as market expected more crude supplies from Libya.
Libya's largest and third-largest ports, Es Sider and Ras Lanuf, were reopened Wednesday for crude ships. Market expected 500,000 barrels of Libyan crude to be soon pouring into the market, adding pressure on crude prices.
Libyan production has been severely disrupted for a year as the rebels have blocked several oil ports.
Concerns over a possible disruption in Iraq eased. Despite escalating violence, tensions in the market are fading on signs that crude production from southern Iraq has not been affected.
On the economic front, U.S. nonfarm payroll employment increased by 288,000 in June, said the Labor Department Thursday. The fresh data was much higher than economists' expectations.
Meanwhile, unemployment rate declined unexpectedly from 6.3 percent to 6.1 percent in June, the department added.
Light, sweet crude for August delivery moved down 42 cents to settle at 104.06 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for August delivery lost 24 cents to close at 111 dollars a barrel.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today crude prices fall on ample supplies Arab Today, arab today crude prices fall on ample supplies

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today crude prices fall on ample supplies Arab Today, arab today crude prices fall on ample supplies

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday