Home
Oil rises 1% due to OPEC cuts and hopes of easing trade tension between China and America
 |
Oil prices rose 1 percent on Friday after a report from the Organization of the Petroleum Exporting Countries (OPEC) showed that the cartel's output fell sharply last month, easing concerns about a prolonged oversupply.
Analysts said financial markets, including the oil market, were supported by a report in the Wall Street Journal on Thursday that Washington was considering raising tariffs on Chinese imports in whole or in part.
US WTI hit $ 52.70 a barrel by 0660 GMT, up 63 cents, or 1.2 percent, from the previous settlement.
London Brent crude futures rose 66 cents, or 1.1 percent, to $ 61.84 a barrel.
» Parliamentary Finance Committee discusses amending the three-year budget
» utube 11/26/24 MM&C MM&C Iraq News-Central Bank Iraq-Monetary Stability Excellent-Budget Law 2023,
» "Rich Iraq" seeks "money" to combat methane emissions: internal and external obstacles
» Increase in foreign remittance sales at the Central Bank of Iraq auction
» Its area is 2.5 million acres, and these are its details.. Work begins on a "large" residential city
» Kurdistan Finance delivers employees' salary schedule to the federal government
» Beggars are sweeping the streets of Iraq.. Their numbers are "large" and 90% of them receive welfare
» Settling tax trust claims
» Launching the National School Health Strategy
» Approval to implement service projects in Babylon
» New container handling berths at ports
» Work: Demand for registration in social security
» Reconstruction: Land Bank to be completed next year
» Aiming to enhance services in schools and prevent diseases, the National School Health Strategy for
» Karmian Festival witnesses the conclusion of commercial and industrial contracts
» Focus on the banking sector
» Minister of Trade: Studies Center is a turning point that serves the Iraqi economy
» Economists: Census is a roadmap for development
» Today's newspapers are interested in Al-Sudani's announcement that the population of Iraq exceeds 45
» International Development Bank: Today's incident was an extortion attempt that did not affect our wo
» thirty-sixth session, chaired by the Minister of Planning
» Closed meeting of the Parliamentary Finance Committee to discuss seven files
» The demographic boom in Iraq: an economic opportunity or a social burden?
» Al-Sudani confirms to Russian delegation Iraq's desire to establish a mechanism that brings mutual b
» Parliament holds its session headed by Al-Mashhadani and attended by 168 MPs
» The Iraqi government deducts 1% of the salaries of employees and retirees to donate to Gaza and Leba
» Iran announces its commitment to continuing gas exports to Iraq
» Iraq, Russia discuss energy cooperation
» British Home Secretary to visit Iraq tomorrow
» The next parliament will have 450 members.. Officially, Al-Sudani announces that the population of I
» US Ambassador Warns of 'Frightening Actions': Iraq Does Not Want to Be Drawn into Regional Conflict
» Planning: The announced census results are not preliminary and the number will increase
» Election “hype” begins early.. Al-Maliki insists on holding it and Al-Sudani prepares
» “No more delays”.. Parliament changes the mechanism of holding sessions: “Controversial” laws are re
» Al-Mashhadani to the heads of the blocs: I prefer to vote on the general amnesty law before anything
» Iraq ranks 8th in the Arab world in achieving work-life balance in 2025
» Labor announces issuance of more than a quarter of a million national cards for social protection be
» Iraqi-Chinese research on accelerating combined cycle power projects
» Al-Maliki praises the decision of the International Criminal Court and demands the resolution of the
» Al-Mashhadani calls for voting on the general amnesty law for the “oppressed” before other laws
» Yazan Mishaan Al-Habouri revolts against his "leak": There are those who obstruct the government's e
» US Ambassador: Ending the presence of the international coalition in Iraq is being implemented and w
» Al-Mashhadani directs to raise the suspended laws to the Presidency of the House of Representatives
» "His general situation is unbearable" .. Parliamentarian: Political consensus to keep Iraq away from
» Al-Sudani agrees to launch the “For Her” initiative to support Iraqi women
» Development Bank condemns extortion attempts: It will not affect our workflow
» Iraq-China oil-for-reconstruction deal faltering: A geopolitical shift in the Middle East
» Planning reveals the next step of the census: We will visit these families
» Parliamentary Finance Committee calls on the government to expedite sending the budget tables
» OPEC+ may extend oil cuts at its meeting next Sunday
» Parliamentary Integrity Committee discusses with the Director of Central Oil the file of contracts a
» Government notice regarding the legal status of foreign workers
» House of Representatives holds "important" session today.. Expectations of extending the legislative
» Slight rise in dollar prices against the dinar in Iraqi stock exchanges
» Baghdad "softens" and Kurdistan oil prepares to continue its global journey
» "For 5 million dinars or in installments" .. Iraqi electric cars soon on the streets
» Where did the Intelligence Bill get to in the House of Representatives?
» "Contract Suspicions Series"... What are the loopholes in the Korean air defense system contract in
» MP reveals latest developments in the formation of the new Kurdistan government
» Personal status: imposing a vision or turning Iraq into a copy similar to the Iranian religious regi
» Oral question to the governor.. Parliamentary movement regarding the “Basra, the Economic Capital of
» MM&C 11/25/24 Parliamentarian: We need to extend the legislative chapter to 8 sessions and the bud
» Al-Alaq: The monetary situation in Iraq is excellent and our reserves support the stability of the e
» utube 11/25/24 MM&C MM&C Iraq News-CBI Building Final Touches-Oil Exports-Development Road-Turkey-B
» Parliamentary movement to include the salary scale in the next session
» Parliamentary Finance Committee reveals the budget paragraphs included in the amendment
» Al-Maliki calls on the Bar Association to hold accountable members who violate professional conduct
» Politician: The security agreement with America has many aspects
» Kurdistan Planning: More than 6 million people live in the region, the oldest of them is 126 years o
» Al-Alaq: Arab consensus on the role of central bank programs in addressing challenges
» Economics saves from political drowning
» Agriculture calls for strict ban on import of "industrial fats" and warns of health risks
» Iraq is the fourth largest oil exporter to China
» Railways continue to maintain a number of its lines to ensure the smooth running of trains
» Parliament resumes its sessions tomorrow.. and these are the most important amendments in the budget
» Bitcoin Fails to Continue Rising as It Approaches $100,000
» Minister of Planning: There will be accurate figures for the population of each governorate
» Popular Mobilization Law is ready for voting
» Mechanisms for accepting people with disabilities into postgraduate studies
» Government coordination to create five thousand jobs
» Transport: Next month, a meeting with the international organization to resolve the European ban
» Census is a path to digital government
» Calls to facilitate loans and reduce interest rates for the private sector
» The launch of the third and final phase of the "population census"
» Al-Sudani: We have accomplished a step that is the most prominent in the framework of planning, deve
» Justice discusses modern mechanisms to develop investment in real estate and minors’ money
» Dubai to host Arabplast exhibition next month
» Al-Tamimi: Integrity plays a major role in establishing the foundations of laws that will uphold jus
» Reaching the most important people involved in the "theft of the century" in Diyala
» Transportation: Completion of excavation works and connection of the immersed tunnel manufacturing b
» Between internal and regional challenges... Formation of the Kurdistan government on a "slow fire" a
» Kurdistan Region Presidency: We will issue a regional order to determine the first session of parlia
» The Minister of Foreign Affairs announces the convening of the Ambassadors Conference tomorrow, Mond
» Al-Sudani: Iraq must always be at the forefront
» Al-Mashhadani: We support the Foreign Ministry in confronting any external interference that affects
» Al-Sudani chairs meeting with Oliver Wyman delegation
» Half a million beggars in Iraq.. 90% of them receive welfare salaries
» Sudanese announces preliminary results of the general population and housing census in detail