Home
High oil prices driven by optimism freeze OPEC production
Publishing Date: Mon, 15 Aug 2016 07:25:46 | Views: 57
Publishing Date: Mon, 15 Aug 2016 07:25:46 | Views: 57
Bgdad_abar today
Oil prices have tended towards the rise in early trade on Monday, driven by optimism freeze OPEC production in a market suffering from oversupply of oil.
Futures contracts rose for Brent 37 cents, or about 0.77% to $ 47.33 a barrel at 9:19 pm Baghdad time on the last level at closing and more than ten percent above the last close in July.
The futures contract rose WTI US mediator 40 cents or 0.90% to $ 44.89 a barrel on the latest closing them.
He said ANZ Bank, said that oil rose another with the accelerated pace of the possibility of freezing speculation OPEC production after Saudi Arabia indicated its willingness to discuss stabilizing markets during the informal talks of OPEC next month.
Oil prices rose in spite of a further strong rise in drilling activity in the United States when Baker Hughes data showed an increase in the number of drilling rigs operating in the United States by 15 last week to 396.
http://today-news.org/news.php?NewsID=29767
Oil prices have tended towards the rise in early trade on Monday, driven by optimism freeze OPEC production in a market suffering from oversupply of oil.
Futures contracts rose for Brent 37 cents, or about 0.77% to $ 47.33 a barrel at 9:19 pm Baghdad time on the last level at closing and more than ten percent above the last close in July.
The futures contract rose WTI US mediator 40 cents or 0.90% to $ 44.89 a barrel on the latest closing them.
He said ANZ Bank, said that oil rose another with the accelerated pace of the possibility of freezing speculation OPEC production after Saudi Arabia indicated its willingness to discuss stabilizing markets during the informal talks of OPEC next month.
Oil prices rose in spite of a further strong rise in drilling activity in the United States when Baker Hughes data showed an increase in the number of drilling rigs operating in the United States by 15 last week to 396.
http://today-news.org/news.php?NewsID=29767
» utube MM&C 5/7/24 Iraq Dinar- IQD Update - Regional Trade - A Progession of Reforms - A Global Bac
» A government meeting to discuss financing and implementation mechanisms for the Development Road Pro
» Al-Sudani: Iraqi banks are on the right track with financial transfers
» Al-Khazali: The Turkish side is still imposing its conditions on Iraq
» Rights: We refuse to amend the bylaws of Parliament under political influence and desires
» Nechirvan Barzani: We want to address all problems with Iran and begin a new phase of relations
» Today, Iraq and Iran signed the minutes of a joint meeting related to trade
» KPMG International begins auditing the revenues of telephone companies operating in Iraq
» Oil: The seventh batch of equipment for the gas manufacturing project in the Nasiriyah and Gharraf f
» Al-Sudani assures the French ambassador of Iraq’s openness to “fruitful” partnerships
» Government move to install gold screening devices at 4 airports
» Sudanese Advisor: The oil sector is witnessing a rapid renaissance
» Opening offices specialized in employing people with disabilities
» Infrastructure and investment projects for the water sector in Iraq
» Adopting the electronic system in the next census
» Al-Sudani chairs the first meeting to restructure the government apparatus
» Business Council: Efforts to open a branch of the Chinese Bank in Iraq
» Iraqi diplomacy is balanced openness
» The head of the Integrity Commission told Al-Sabah: We are the people’s eyes on the government and s
» Baghdad Provincial Council: The capital is facing a new urban and service phase
» Customs, security and economic aspects
» Central Governor: We face “increasing challenges” in complying with international laws
» Payment of end-of-service benefits to employees referred to retirement for the month of May
» Billions “evaporated”.. What is the truth about closing the “theft of the century” file in Diyala?
» The Minister of Labor approves the extinguishment of debts owed by transgressors from the families o
» How did Washington comment on Nechirvan Barzani's visit to Tehran?
» The honeymoon is over and the salary crisis continues. Baghdad and Erbil exchange accusations, but s
» Why has Iraq not submitted a file to stop burning gas over the past years?
» A slight increase in the exchange rate...more than 146 thousand per 100 dollars
» Do Iraq's debts pose a threat to the economy? Parliament answers
» Agriculture explains the mechanism of implementing the calendar program and its economic gains
» President Masoud Barzani meets an Iraqi parliamentary delegation
» Parliamentary criticism of the government’s delay in sending the budget schedules despite the approa
» A report reveals the existence of an undeclared “Iraqi-British” agreement regarding asylum seekers
» Alternative energy... advanced stages of the largest solar energy station in Iraq
» Its delay raised concerns... it is likely that the 2024 budget schedules will be approved today
» The industry reveals the reasons why Russian companies stopped reconstructing 7 factories in Anbar
» Billions evaporated.. What is the truth about closing the theft of the century file in Diyala?
» Nouri Al-Maliki to the Saudi Ambassador: Iraq is open to all countries of the world
» An Iraqi generation that “does not fear” America and Iran.. Nadim Al-Jabri explains his expectations
» After 9 years.. the third session of the Trade and Investment Framework Agreement between Iraq and A
» “These are our goals.” The Turkish President talks about his visit to Iraq last month
» Romanowski: The Iraqi judiciary is independent and the Federal Court seeks to consolidate democracy
» Deputy: The presidency of Parliament will remain vacant until the end of the current session
» Political: The Iraqi economy is threatened by American hegemony because of the coordination administ
» Politician: Salem Al-Issawi will not become Speaker of Parliament
» Planning reveals the mechanism for examining gold in local markets
» Including railway connectivity and water shares... Iraq and Iran are discussing a number of common i
» Oil is preparing to export gas oil after achieving self-sufficiency
» Trade is preparing to hold a number of specialized exhibitions in Baghdad and the provinces
» Erdogan: Our goal is to raise the volume of trade with Iraq to more than 20 billion dollars
» Al-Sudani confirms Iraq's openness to fruitful partnerships with French companies
» Determining the launch date for the activities of the 48th session of the Baghdad International Fair
» Al-Sudani receives a delegation from the Union of Arab Banks
» utube 5/3/24 MM&C Iraq Dinar Update - Expectation - Implementation - Activation - New Exchange Rat
» “Services” asks the Central Bank about billions of foreign banks in Iraq
» Central Bank: Iraqi banks still face challenges in complying with international laws and standards
» Parliamentary bloc: The Central Bank offers hard currency to “mafias” on a golden platter.. The Suda
» The Iraqi Central Auction witnesses a rise in foreign remittances to $267 million
» Wednesday.. The session to elect the President of the Iraqi Parliament is heading towards “Al-Issawi
» The Union of Arab Banks proposes 4 “important” points for Iraqi banks to meet compliance standards
» In the document... the Central Bank decides to return the “Al-Mal” Bank to work... in this case
» The Iraqi-American agreements and cooperation were the most prominent topics of Al-Araji and Romanow
» Al-Hakim meets a joint delegation of resolve and sovereignty and renews the call to hold a session t
» Nearly one billion dinars were recovered and 3 million liters of fuel intended for smuggling in Iraq
» Al-Sudani and the European Union ambassador discuss issues of economic partnerships, civil aviation,
» More than 950 million dinars... petroleum products announced their recovery
» Forming a committee to follow up on stopping the sale of the dollar to travelers
» The Minister of Justice visits Al-Muthanna Governorate to discuss mechanisms for developing judicial
» Agriculture: Farmers who were affected by the recent rains will be compensated
» Al-Rasheed issues a warning regarding applying for advances and loans
» Al-Rafidain announces the implementation of the comprehensive banking system in its main branch
» Al-Rasheed warns of offices and pages claiming to promote the Salaf
» Adviser to the Prime Minister: There are no conflicts in the route of the Baghdad Metro
» Al-Sudani: We are keen to develop the work of the TBI Bank and address the problems it faces
» Agriculture explains the mechanism of implementing the calendar program and its economic gains
» “The shocks have changed.” The Governor of the Central Bank explains the impact of the openness of I
» The President of the Association of Private Banks sends an “important” invitation to the Central Ban
» Al-Alaq: The Iraqi banking sector has witnessed significant qualitative developments in response to
» On behalf of Al-Sudani, the Minister of Planning sponsors the signing ceremony of a memorandum of un
» The Iraqi Travel Companies Association participates in the Arab Travel Market Exhibition
» The start of the work of the Iraqi-Jordanian Economic Forum
» Integrity Commission at the Arab Anti-Corruption Convention Conference
» Election of the Speaker of Parliament between amendment and disruption
» Plans to increase the real estate bank's capital
» The Central Bank sells more than $276 million in the currency auction
» Advisor to the Prime Minister: We are heading towards a complete transformation of the electronic pa
» Savings and financial inclusion
» Agriculture expects to market 6 million tons of wheat
» Al-Sudani chairs the first meeting of the Supreme Committee for Restructuring the Government Apparat
» Al-Sudani receives an official invitation to participate in the United Nations Climate Change Confer
» "Baghdad Today" in the southern refineries: The Azmara unit will reduce imported gasoline and hard c
» Al-Sudani stresses the importance of supporting the pillars of food security
» Kurdistan is an important oasis for investment. Security and economic stability eliminates the housi
» Politician: Comparing Al-Halbousi to Al-Maliki is not up for discussion
» The Kurdistan Democratic Party demands international supervision of the region's elections
» Al-Sudani heads to Italy next week on an official visit
» Warnings of challenges delaying budget approval, most notably the deficit