[ad_1]
Oil prices fell on Wednesday, 11/7-2018, as benchmark crude reached $ 76.80 per barrel before rising slightly to $ 76.86 per barrel, down $ 2, while crude oil American light fell 75 cents to 73.36 dollars a barrel. Libyan production is back to its levels
and contributes to lower prices The news of the reopening of the Tripoli plant by the National Oil Corporation in Tripoli after the handover to the factions of the East of the country. Natural levels progressively during the few hours "The production of crude of Libya fell to 527 000 b / d compared to the high level of 1.28 million b / d recorded in February after the closing of the ports", announced Monday the National Oil Corporation
.
America reviews exemption applications for Iranian oil exports
The threat of imposing tariffs on other Chinese products 200 billion dollars down Commodity prices and stock markets, with escalating trade tensions between Akbar US Secretary of State Mike Pompeo said on Tuesday that Washington would consider the demands of some countries to lift the sanctions that would be imposed. it will apply in November to prevent OPEC expects a drop in demand for its oil in 2019 as the supply of competitors increases
OPEC expects Wednesday to a decline in global demand for its crude oil next year With slower growth
In its first forecast for 2019 in its monthly report, the Organization of Petroleum Exporting Countries said that the world would need $ 32.18 million in oil and gas, the barrel of crude oil of its next 15 member states, down 760,000 bpd this year .
OPEC reported that its oil production in June reached 32.33 million barrels per day,. Saudi Arabia pumped more oil in light of calls from the United States and other consumers to offset shortages in supplies from other countries and to ease rising prices .
Source link
