Home
[You must be registered and logged in to see this image.]
Oil Minister, Ihsan Abdul-Jabbar, confirmed today, Monday, that Iraq is committed to its agreement with OPEC +, indicating that he does not want oil prices to rise to a higher level than the current one.
"We are committed to our agreement with OPEC +, and we believe that an agreement will be reached soon," Abdul-Jabbar said in a statement to Reuters.
"We do not want a price war and we do not want oil prices to rise above current levels," he added.
"We support the extension of the current agreement until the end of 2022 and a gradual increase in oil production," Abdul-Jabbar added.
The Minister of Oil announced Iraq's support for Saudi Arabia's proposals to maintain the balance of oil markets until the end of 2022.
[You must be registered and logged in to see this link.]
Economie
[size=38]OIL MINISTER: WE ARE COMMITTED TO OUR AGREEMENT WITH OPEC +[/size]
Monday, July 5, 2021 9:24 PM
Baghdad/National News CenterOil Minister, Ihsan Abdul-Jabbar, confirmed today, Monday, that Iraq is committed to its agreement with OPEC +, indicating that he does not want oil prices to rise to a higher level than the current one.
"We are committed to our agreement with OPEC +, and we believe that an agreement will be reached soon," Abdul-Jabbar said in a statement to Reuters.
"We do not want a price war and we do not want oil prices to rise above current levels," he added.
"We support the extension of the current agreement until the end of 2022 and a gradual increase in oil production," Abdul-Jabbar added.
The Minister of Oil announced Iraq's support for Saudi Arabia's proposals to maintain the balance of oil markets until the end of 2022.
[You must be registered and logged in to see this link.]
» The House of Representatives votes on the first paragraph of the budget law
» Parliament votes on two articles that include the exchange rate at 130 thousand dinars
» Postponing the session to complete the vote on the budget materials for several hours
» Prime Minister: Iraq is on the verge of a major reconstruction movement in all sectors
» Advisor to the Prime Minister explains the details of the first stages of the new Sadr City project
» The Chairman of the Parliamentary Finance Committee announces the settlement of differences and the
» Al-Rafidain announces the distribution of a new meal from the advances of retirees amounting to 25 m
» Al-Sudanese confirms the obligation of Kurdistan to export oil through SOMO.. What about Türkiye?
» Deputy: One trillion dinars to develop four health programs in this year's budget
» The Governor of the Central Bank meets the Vice President of JPMorgan Bank
» Parliament votes to adopt the value of a barrel of oil at $70 and the exchange rate of the dollar at
» An American bank expresses its willingness to support Iraqi banks with foreign trade financing opera
» A new postponement of the budget settlement session
» Dollar exchange rates in the local market
» Al-Alaq is looking with the head of the JP Morgan bank to support foreign trade financing
» A budget usurped by and from it, will it end the controversy of emptiness and fill the pockets of ci
» Alia Nassif attacks those who seek to restore the provincial councils: a failed experiment and a gat
» A deputy for Karbala blames the government and the leaders of the blocs for delaying the budget and
» The Finance Committee requests a 24-hour deadline: Kurdistan's dispute was confined between the "two
» The House of Representatives adjourned the session on the budget to one in the afternoon, Friday
» After labors and disagreements.. the House of Representatives holds its session to vote on the tripa
» Parliament adjourns after voting on articles of the draft budget
» Dollar exchange rates in the Iraqi governorates
» What do you know about the 6 articles voted on by the House of Representatives and the deleted artic
» Militia Man & Crew patron-only new video: "Two Sides of the Story"
» Judy, MilitiaMan and more....Thursday Morning 6-8-2023
» Al-Sudani to a delegation from the “GB Morgan” bank: We are continuing to reform the banking system
» The Association of Banks announces the creation of more than 10,000 job opportunities
» Deputy: Distributing the copy of the budget to the members of parliament when the session is held
» It is noteworthy that the suspended oil and gas law in Parliament since its first session, in 2005,
» Al-Sudani is discussing with an international banking delegation supporting the banking sector, the
» The start of the implementation ceremony of the (Iraqi-Gulf) electrical interconnection project betw
» Al-Sudani: The government seeks to stop money laundering by complying with international standards
» "Manipulation and speculation".. Economists attribute the dollar's rise in the parallel market to "n
» British report: The losses from stopping the region's oil exports through Türkiye are not estimated
» Masrour Barzani on the region's share of the budget: We made every effort to reach an agreement with
» An American institute dismantles the Chinese puzzle in Iraq: Beijing's investments are supported by
» The triple balancing act in front of the last three hours test: either to pass or face a legal probl
» Between "embarrassment and decisiveness"... the budget brings Parliament into a "war of hours" and t
» Barzani on Kurdistan's share of the budget: We will not accept any violation of our rights
» A member of Barzani's party: holding a session to pass the budget depends on this matter
» Al-Sudanese in front of a delegation from the American bank, JP Morgan, pledging comprehensive banki
» Final agreement to send the draft budget to the Finance Committee and to vote at 6 p.m
» The position of the Kurdish forces hours before the budget settlement session
» Baghdad Today conveys the latest developments in the voting session on the budget
» The "suspicious" reputation of black money is lowering real estate prices in one of the most expensi
» The Saudi Energy Minister announces the start of implementing the Gulf electrical interconnection wi
» Parliamentary source: The budget voting session may take place at dawn on Friday
» Deputy: A large turnout of members of Parliament and a comfortable majority to pass the budget
» Side meetings to agree on the final version of the budget
» Al-Halbousi chairs a meeting of the Finance Committee prior to the budget vote session
» The Ministry of Finance confirms that it is not concerned with making amendments to the budget law
» Parliamentarian: The budget has disappeared and the atmosphere does not bode well
» Postponing the parliament session to vote on the budget to this date
» 90% of it went abroad.. The Central Bank of Iraq sells more than 205 million dollars during today's
» The Ministry of Environment announces the launch of sustainable solutions to confront the climate cr
» Parliamentary Finance details the revenues of Kurdistan's oil exports within 365 days.. How was the
» An economist explains a mechanism to shorten registration on new cities
» Al-Sudani: The budget amendments are political, not technical, and this is about voting on them
» Almost Final Confirmation From The Framework About The Budget Pass Session.. Will We Witness A Vote?
» Parliament’s Finances Reveal The Fate Of Kurdistan’s Budget Amendments.. “The Agreement Has Been Ach
» Legal expert: Passing the budget without taking into account the decisions of the Federal Court will
» Al-Zajrawi: Transferring 6 trillion dinars to support the investment budget of the governorates and
» Barzani's advisor: The regional government is not a caretaker
» Move to reconsider granting investment licenses.. What is the fate of malls and residential complexe
» Dollar prices fell against the dinar in Baghdad and Erbil
» Central Iraqi sales decreased by 11% in today's auction
» Dollar exchange rates in the local markets
» Al-Abadi's coalition reveals the secrets of the agreement between the coordination framework and Bar
» US Ambassador Romanowski urges the Kurdistan Regional Administration to hold urgent elections
» Sunnis and Kurds announce their positions on the budget voting session
» Al-Alaq confirms that the Central Bank of Iraq is serious about supporting the small and medium ente
» Emir of Qatar in Baghdad soon
» Securities expect a decline in the price of the dollar after the approval of the budget
» Iraq and Switzerland are looking to build partnerships in the financial and economic sectors
» The Central Bank hints at the possibility of canceling some fines on banks
» Preventing the leveling of agricultural lands to widen the streets
» Iraq lays the first building block in building an advanced digital health system
» Parliamentary Energy: The next two years will witness the end of the electricity crisis
» Up to 150 million dinars.. Al-Rafidain launches construction loans for employees
» Chambers of Commerce identify three reasons behind the rise in the exchange rate of the dollar in th
» A statement from the Dawa Party regarding al-Maliki's connection to accounts that "offend the audito
» The framework ends a "long meeting" and heralds the approval of the most important project budget in
» Alekti resolves his position to attend the session to pass the budget
» Washington is hinting at an Iraqi role in the Pacific and Atlantic
» A parliamentary source reveals to (Baghdad Today) the reasons for postponing the budget session unti
» Al-Barti on today's session: Things are positive, and we are afraid of surprises in the last moments
» The Central Bank sells more than 200 million dollars with the decline of the Iraqi dinar in the mark
» Saudi Arabia expects to operate the electrical interconnection project with Iraq by the end of 2025
» In the document.. The Retirement Authority announces the completion of a study on the issue of incre
» New military operations for US forces in Iraq
» The Foreign Minister arrives in Riyadh to participate in the meeting of the international coalition
» Foreign Ministry: Iraq works to improve services, infrastructure, economy and fight corruption
» The House of Representatives postpones its session to eight o'clock this evening
» Briar Rashid: The House of Representatives has no choice but to vote on the draft budget law
» The tripartite budget project blown parliamentary disputes
» Postponement of the budget vote session
» Iraqi-Saudi meetings are "expected" to exchange security and intelligence information