Silver For The People

Silver Stackers Can End The Silver Manipulation And Stop The Criminal Banksters

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Ruble, Real Tumble As Oil Slumps On Weaker IEA Outlook

zerohedge.com / by Tyler Durden / Nov 14, 2017 10:45 AM

WTI Crude is tumbling this morning, breaking down below $56 following a monthly report Tuesday from the International Energy Agency that said 2017 price gains along with milder-than-normal winter weather are slowing demand growth. This drop is weighing on oil-producers with the Ruble and Real dropping most…

The IEA reduced its demand estimate for next year by 200,000 barrels a day to 98.9 million a day, according to projections in its report. Forecasts for demand growth next year also fell by 100,000 barrels a day to 1.3 million a day.

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