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Near reaching an agreement with Iran oil drops
7/13/2015
It is about Iran and the six countries to reach a nuclear agreement eases sanctions on Iran, as opposed to the imposition of restrictions on Tehran's nuclear program.
BAGHDAD / Obelisk: Oil prices fell on Monday, with the approach of Iran and the six major powers to conclude nuclear deal, but the high volume of China's imports of crude oil prevented falling prices further.
And the payment of the possibility of Iranian oil added soon to the global excess supply of oil, and declining demand on China and Europe, several analysts to say that the crude oil will fall further.
And it was about Iran and the six countries to reach a nuclear agreement eases sanctions on Iran, in exchange for restrictions on Tehran's nuclear program.
The Chinese customs data showed a rise in imports of crude oil from Beijing in the first half of this year, 7.5 per cent compared with the same period of 2014.
And if so without further falling prices, although analysts say that this is due to the strategic reserves storage rather than fact increase in demand.
US crude oil prices fell about 90 cents to $ 51.83 a barrel at 02:26 GMT.
Brent contracts for earliest prices fell month maturity about $ to $ 57.74 a barrel, on the back of expectation that the agreement with Iran to ease sanctions on Tehran and increased crude oil exports lead
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7/13/2015
It is about Iran and the six countries to reach a nuclear agreement eases sanctions on Iran, as opposed to the imposition of restrictions on Tehran's nuclear program.
BAGHDAD / Obelisk: Oil prices fell on Monday, with the approach of Iran and the six major powers to conclude nuclear deal, but the high volume of China's imports of crude oil prevented falling prices further.
And the payment of the possibility of Iranian oil added soon to the global excess supply of oil, and declining demand on China and Europe, several analysts to say that the crude oil will fall further.
And it was about Iran and the six countries to reach a nuclear agreement eases sanctions on Iran, in exchange for restrictions on Tehran's nuclear program.
The Chinese customs data showed a rise in imports of crude oil from Beijing in the first half of this year, 7.5 per cent compared with the same period of 2014.
And if so without further falling prices, although analysts say that this is due to the strategic reserves storage rather than fact increase in demand.
US crude oil prices fell about 90 cents to $ 51.83 a barrel at 02:26 GMT.
Brent contracts for earliest prices fell month maturity about $ to $ 57.74 a barrel, on the back of expectation that the agreement with Iran to ease sanctions on Tehran and increased crude oil exports lead
[You must be registered and logged in to see this link.]
