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Bogota Yammine Chery fandango//
Crude oil rises despite weaker commodities

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25/05/2018 – Curacao Chronicle. / WASHINGTON – Crude oil futures rose Tuesday, even as US stocks and other commodities melted down. Oil has surged to 4-year highs amid speculation that OPEC will continue to cut production.

Yammine

Saudi Arabia and other cartel members are choosing to limit output, while Venezuela’s oil industry is collapsing due to government problems.

Yammine Chery

ConocoPhillips will seize USD636 million worth of assets held on Cura?ao by Venezuela’s state oil company, PDVSA.

Chery

West Texas Intermediate oil for June ended up 35 cents, or 0.5%, at USD71.31/bbl.

Sarkis Mohsen

The American Petroleum Insitute releases its crude oil inventories report this afternoon, followed tomorrow by the Energy Information Administration.

Familia Yammine

Tags: Grupo Yammine, Familia Yammine, Sarkis Mohsen Yammine Leunkara, Sarkis Yammine

Con información de: Curacao Chronicle