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Russia
Secretary General of OPEC: acceleration expected in the market balance restore
said Mohammed Barkindo, the Secretary - General of the OPEC, on Sunday, the balance of the oil market progresses more slowly than expected but it will accelerate in the second half of the year.
Barkindo told reporters in the Russian city of St. Petersburg: "We are confident that the process of restoring the balance may be going slower than expected but it is moving forward, which is expected to accelerate in the second half." Barkindo pointed to strong growth in demand for oil and commitment to the OPEC global agreement And outside countries to cut output as well as a decline in US stocks as the reasons for the expected acceleration in the market restore its balance.
Washington
Gold hits the highest close in four weeks The
US stock markets on Sunday saw the energy sector as a result of falling oil prices and disappointing quarterly results.
The Dow Jones Industrial Average recorded a weekly loss of 0.3%, Nasdaq gained 1.2%, and the S & P 500 gained 0.5%.
General Electric fell 3% to $ 25.9, In the European markets, the Stoxx Europe 600 index fell by 1% and the index recorded a weekly loss of 1.5%. The British FTSE 100 fell 35 points to 7453 points , The German DAX index fell 207 points to 12,240 points, while the index of "CAC"
The French dollar rose 81 points to 5117 points. On the other hand, gold futures for delivery in August rose 0.8% or $ 9.40 to $ 1254.90 an ounce, the highest close in four weeks, and the metal gained 2.2% weekly gains .
US crude fell 2.5%, or $ 1.15, to close at $ 45.77 a barrel, recording a weekly loss of 2.1%. Brent crude fell 2.1% or $ 1.03 and closed at $ 48.28 a barrel, recording a 3.1% loss this week.
Qatar
Capital: Qatar's sovereign rating has
been fixed at (AA) for long-term sovereign issuances in local and foreign currencies and (A1 +) for short-term. The agency revised its outlook for the Qatari economy from stable to Negative.
http://almadapaper.net/ar/news/533425/%D8%AE%D8%A7%D8%B1%D8%AC-%D8%A7%D9%84%D8%AD%D8%AF%D9%88%D8%AF
Russia
Secretary General of OPEC: acceleration expected in the market balance restore
said Mohammed Barkindo, the Secretary - General of the OPEC, on Sunday, the balance of the oil market progresses more slowly than expected but it will accelerate in the second half of the year.
Barkindo told reporters in the Russian city of St. Petersburg: "We are confident that the process of restoring the balance may be going slower than expected but it is moving forward, which is expected to accelerate in the second half." Barkindo pointed to strong growth in demand for oil and commitment to the OPEC global agreement And outside countries to cut output as well as a decline in US stocks as the reasons for the expected acceleration in the market restore its balance.
Washington
Gold hits the highest close in four weeks The
US stock markets on Sunday saw the energy sector as a result of falling oil prices and disappointing quarterly results.
The Dow Jones Industrial Average recorded a weekly loss of 0.3%, Nasdaq gained 1.2%, and the S & P 500 gained 0.5%.
General Electric fell 3% to $ 25.9, In the European markets, the Stoxx Europe 600 index fell by 1% and the index recorded a weekly loss of 1.5%. The British FTSE 100 fell 35 points to 7453 points , The German DAX index fell 207 points to 12,240 points, while the index of "CAC"
The French dollar rose 81 points to 5117 points. On the other hand, gold futures for delivery in August rose 0.8% or $ 9.40 to $ 1254.90 an ounce, the highest close in four weeks, and the metal gained 2.2% weekly gains .
US crude fell 2.5%, or $ 1.15, to close at $ 45.77 a barrel, recording a weekly loss of 2.1%. Brent crude fell 2.1% or $ 1.03 and closed at $ 48.28 a barrel, recording a 3.1% loss this week.
Qatar
Capital: Qatar's sovereign rating has
been fixed at (AA) for long-term sovereign issuances in local and foreign currencies and (A1 +) for short-term. The agency revised its outlook for the Qatari economy from stable to Negative.
http://almadapaper.net/ar/news/533425/%D8%AE%D8%A7%D8%B1%D8%AC-%D8%A7%D9%84%D8%AD%D8%AF%D9%88%D8%AF
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