SL Security Certificate - 256 Bit With Strong Encryption
Tradiva.com gives a 30% bonus on your first deposit. This means that when you open an account with $5,000 dollars, we will add to your account another $1,500 dollars.
Time-limited offer.
SL Security Certificate - 256 Bit With Strong Encryption
Oil prices dropped nearly 25% on Monday, on its way to its steepest loss since 1991 as Saudi Arabia cut prices and planned for a big hike in crude output by April.
Prices were down 31% after Saudi started a price war with Russia, which stopped from implementing further supply cuts agreed by OPEC in order to steady oil markets.
Brent crude futures dropped 25%, or $11.31, at $33.96 per barrel. Brent futures are on its way to its biggest fall since January 1991, at the beginning of the first Gulf War.
U.S. West Texas Intermediate crude was down 26%, or $10.73, at $30.55 per barrel, also heading to its biggest daily decline since January 1991.
Saudi Arabia is set to increase its crude production by more than 10 million bpd in April after OPEC+’s current deal to cut production ends at the end of March.
Saudi Arabia is planning to penalize Russia for not following the agreed production cuts by the OPEC.
Major producers like Saudi Arabia and Russia last fought over market share on 2014-2016 when they were trying to force out production in the United States, which then became the world’s largest oil producer due to doubling production from shale oil fields in the last decade.
Saudi Arabia started the war by slashing its official retail prices for all crude grades to all export markets on April between $6 to $8 per barrel.
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
Oil prices fell on Thursday as the rising global coronavirus cases weighed on fuel demand recovery just as OPEC+ producers are set to increase supply. The Brent contract for October slid 0.05%, or 2 cents, at $44.07 per barrel, while the September ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
KYC Policy