Cervantes

Hoy es el día más hermoso de nuestra vida, querido Sancho; los obstáculos más grandes, nuestras propias indecisiones; nuestro enemigo más fuerte, el miedo al poderoso y a nosotros mismos; la cosa más fácil, equivocarnos; la más destructiva, la mentira y el egoísmo; la peor derrota, el desaliento; los defectos más peligrosos, la soberbia y el rencor; las sensaciones más gratas, la buena conciencia, el esfuerzo para ser mejores sin ser perfectos, y sobretodo, la disposición para hacer el bien y combatir la injusticia dondequiera que esté.

MIGUEL DE CERVANTES
Don Quijote de la Mancha.

11 de junio de 2017

Russia, Saudis See Oil Inventories Falling After Price Drop

  • Market to be balanced in first quarter of 2018: Russia’s Novak
  • Saudi minister sees stockpiles falling faster in coming months
A deal among oil-producing countries to curb production and balance an oversupplied market will achieve its objective in the first quarter of next year, Russian Energy Minister Alexander Novak said, after prices tumbled on news of a build-up in U.S. inventories.
His Saudi counterpart, Khalid Al-Falih, said at a joint news briefing in Astana, Kazakhstan, that inventories were declining worldwide and reductions would accelerate in the next three to four months. Inventories will settle to their five-year historical average -- OPEC’s target -- before the end of the year, though Saudi Arabia, the group’s biggest producer, may modify its policy if output cuts don’t have the desired effect, he said.
“If we will see over the number of weeks or months reasons to adjust, we will adjust,” Al-Falih told reporters after the briefing. “If by the fourth quarter we will need to do something different, we will seriously consider.”
The Organization of Petroleum Exporting Countries and other crude producers including Russia agreed May 25 to extend the supply deal that they reached last year until the end of the first quarter of 2018. Prices slumped on the news that they wouldn’t cut any deeper, and U.S. crude futures fell 5 percent on June 7 as the nation’s stockpiles unexpectedly grew. International benchmark Brent crude closed at $48.15 a barrel on Friday.
The agreement is working and global crude inventories are falling gradually, Novak said at the same event in Astana. Demand will recover in the first quarter, reducing stockpiles, and Russia is committed to doing everything to balance the market, he said.
Short-term variations in supply won’t affect the long-term trend of declining inventories, Al-Falih said.
U.S. stockpiles of crude and oil products in the week ended June 2 surged by the most since 2008, Energy Information Administration data showed on June 7, after the world’s largest oil consumer boosted imports and trimmed exports. The number of drilling rigs in the U.S. rose by eight to 741 rigs last week, according to Baker Hughes Inc., as shale producers continued to pump more.

Alerta Venezuela

No dejen de ver este conmovedor video

LatinoAmérica Calle 13

Así preparan la cocaína: un cocktel de venenos.

The American Dream

Facebook, Israel y la CIA


La Revolucion de la Clase Media

Descontento en el corazon del capitalismo: el Reino Unido

Descontento en el corazon del capitalismo: el Reino Unido

La Ola se extiende por todo el mundo arabe : Bahrein

La Caida de un Mercenario

La Revolucion no sera transmitida (I)

(II) La revolucion so sera transmitida

(III) La Revolucion no sera transmitida

(IV) La Revolucion no sera transmitida

(V) La Revolucion no sera transmitida

(VI) La Revolucion no sera transmitida

(VII) La revolucion no sera transmitida

(VIII) La Revolucion no sera transmitida

Narcotrafico SA

La otra cara del capitalismo...

Manuel Rosales mantenia a la oposicion con el presupuesto de la Gobernacion del Zulia...

El petroleo como arma segun Soros

Lastima que se agacho...

El terrorismo del imperio

Promocional DMG

Uribe y DMG