Bamufad: News Doha meeting lifted oil prices above $ 41
Moscow, London, Singapore / Reuters
A barrel of oil rose above $ 41 a barrel , near its highest level since the beginning of theyear, due to be held between some of the top producers in the world next month to discuss the market to support the meeting. The oil exporter Saudi that the Kingdom fully supports the oil producers of the initiative for themeeting in Doha on 17 April.
Ascended «Brent» 51 cents to $ 40.84 a barrel, and was at its highest level since thebeginning of the year on 8 March , when the price of a barrel to $ 41.48. Rose US crude 62 cents to fetch up to $ 39.08 a barrel. The news agency quoted Russian Energy Minister Alexander Novak, he did not believe that it makes sense to target higher than 50 the price to $ 60 per barrel of oil. The official data showed rising Saudi Arabia 's crude oil exports in January (January) to 7.835 million bpd from 7.486 million in December (December). The UK has produced 10.23 million barrels per day in January , a record level compared to 10.144 million in the previous month. The decline in domestic crude oil reserves in Saudi Arabia to 314.119 million barrels in January from 325.474 million a month ago. , The energy minister said in Kazakhstan, Vladimir Shkolnik, that his country had not yet received an invitation to attend the meeting which will be held on 17 April next year in Doha . He added: «There is no formal invitation» pointing out that his production cuts already in place . On the other hand, the company «Gulf Keystone Petroleum , » declared that Iraq 'sKurdistan Regional Government still owes it an amount of $ 178 million in exchange for oil exports , and costs related to the field Sheikhan. The company announced the oil producers incurred losses amounting to $ 135 million in 2015 versus 248 million in the previous year. She pointed out that Sheikhan field production may begin to decline this year , if it is available to them between $ 71 million and $ 88 million to be invested in thefield , and its partners and the government did not agree to the plan quickly. In a related development, thetwo companies «Shell» and »Aramco» Saudi Arabia announced plans to split the company «Motiva Anterpraiser» and the separation of assets, after nearly two decades of US joint venture oil refinery and distribution of its product configuration. showed statement under the letter of intent is not binding that «Aramco» will retain the name of «Motiva» and become the sole owner of the refinery , Port Arthur , Texas, is the largest refinery in the United States also will retain 26 stations for distribution. He added that they also will have the exclusive license to use the trademark «Shell» in the sale of gasoline and diesel in the Texas markets and the majority of the valley of the Mississippi and the South East and Mid - Atlantic. Furthermore, concluded research conducted by «International Renewable Energy Agency» to double the share of renewable energy in the various energy global market to 36 percent by 2030, it could provide the global economy up to $ 4.2 trillion annually. And it provided renewable energy such as solar energy, generated from wind around 18 percent of global energy consumption in 2014, according to the policies of the existing nations now will increase its share to 21 percent in 2030. The report noted that the cost of doubling renewable energy by 2030 will reach $ 290 billion in year, but the annual savings total size of the output of the reduction of pollution and emissions and their impact on human health and agriculture would be between 1.2 and 4.2 trillion dollars. onthe other hand continued to barrel crude oil prices rise, today, in the Asian markets after the jump resulted from a clear impact of the weak dollar and hopes the reduction coordinator for the show. the price of a barrel «reference light sweet crude» (Sweet light infraction , ) delivered in April (April), in electronic Asian trade, 40.31 dollars , up 11 cents. the price of a barrel of crude «Brent» European Reference delivery in April (April ), 41.56 dollars , up two two years. after the price of a barrel of crude fell to its lowest level in 13 years in February last February, rebounded in recent weeks on the back of hopes of obtaining an agreement between major oil producers to limit supply. One reason for the rise may also choose US central bank to wait about normalizing its monetary policy. The impact of this weakening of the dollar, boosting the price of a barrel ofcrude , which is priced in US currency because it becomes more attractive to investors. US crude and Cansar jumped five percent to more than $ 40 a barrel, thanks to optimism regarding the top producers meeting next month in Qatar to discuss supporting the market, and in With a significant rise in demand for gasoline in theUnited States. The dollar fell after the statement «Fed» (US central bank) yesterday, which reduced expectations of higher interest rates in June Solutions (June). And it reduces the dollar 's decline from the cost of goods denominated in US currency to holders of other currencies which oil supports. And stepped Futures US oil to $ 1.74 or 4.52 percent at the settlement today, to $ 40.20 a barrel after the highest level in 2016 recorded at $ 40.26. Ended Futures for «Brent» high the session of $ 1.21 or three per cent to $ 41.54 a barrel after also recorded the highest price in 2016 at $ 41.60. oil also gained strength from higher gasoline consumption and increased less than expected for US stocks, though «energy Information administration» US It said yesterday that crude inventories are still at a record level.
Ascended «Brent» 51 cents to $ 40.84 a barrel, and was at its highest level since thebeginning of the year on 8 March , when the price of a barrel to $ 41.48. Rose US crude 62 cents to fetch up to $ 39.08 a barrel. The news agency quoted Russian Energy Minister Alexander Novak, he did not believe that it makes sense to target higher than 50 the price to $ 60 per barrel of oil. The official data showed rising Saudi Arabia 's crude oil exports in January (January) to 7.835 million bpd from 7.486 million in December (December). The UK has produced 10.23 million barrels per day in January , a record level compared to 10.144 million in the previous month. The decline in domestic crude oil reserves in Saudi Arabia to 314.119 million barrels in January from 325.474 million a month ago. , The energy minister said in Kazakhstan, Vladimir Shkolnik, that his country had not yet received an invitation to attend the meeting which will be held on 17 April next year in Doha . He added: «There is no formal invitation» pointing out that his production cuts already in place . On the other hand, the company «Gulf Keystone Petroleum , » declared that Iraq 'sKurdistan Regional Government still owes it an amount of $ 178 million in exchange for oil exports , and costs related to the field Sheikhan. The company announced the oil producers incurred losses amounting to $ 135 million in 2015 versus 248 million in the previous year. She pointed out that Sheikhan field production may begin to decline this year , if it is available to them between $ 71 million and $ 88 million to be invested in thefield , and its partners and the government did not agree to the plan quickly. In a related development, thetwo companies «Shell» and »Aramco» Saudi Arabia announced plans to split the company «Motiva Anterpraiser» and the separation of assets, after nearly two decades of US joint venture oil refinery and distribution of its product configuration. showed statement under the letter of intent is not binding that «Aramco» will retain the name of «Motiva» and become the sole owner of the refinery , Port Arthur , Texas, is the largest refinery in the United States also will retain 26 stations for distribution. He added that they also will have the exclusive license to use the trademark «Shell» in the sale of gasoline and diesel in the Texas markets and the majority of the valley of the Mississippi and the South East and Mid - Atlantic. Furthermore, concluded research conducted by «International Renewable Energy Agency» to double the share of renewable energy in the various energy global market to 36 percent by 2030, it could provide the global economy up to $ 4.2 trillion annually. And it provided renewable energy such as solar energy, generated from wind around 18 percent of global energy consumption in 2014, according to the policies of the existing nations now will increase its share to 21 percent in 2030. The report noted that the cost of doubling renewable energy by 2030 will reach $ 290 billion in year, but the annual savings total size of the output of the reduction of pollution and emissions and their impact on human health and agriculture would be between 1.2 and 4.2 trillion dollars. onthe other hand continued to barrel crude oil prices rise, today, in the Asian markets after the jump resulted from a clear impact of the weak dollar and hopes the reduction coordinator for the show. the price of a barrel «reference light sweet crude» (Sweet light infraction , ) delivered in April (April), in electronic Asian trade, 40.31 dollars , up 11 cents. the price of a barrel of crude «Brent» European Reference delivery in April (April ), 41.56 dollars , up two two years. after the price of a barrel of crude fell to its lowest level in 13 years in February last February, rebounded in recent weeks on the back of hopes of obtaining an agreement between major oil producers to limit supply. One reason for the rise may also choose US central bank to wait about normalizing its monetary policy. The impact of this weakening of the dollar, boosting the price of a barrel ofcrude , which is priced in US currency because it becomes more attractive to investors. US crude and Cansar jumped five percent to more than $ 40 a barrel, thanks to optimism regarding the top producers meeting next month in Qatar to discuss supporting the market, and in With a significant rise in demand for gasoline in theUnited States. The dollar fell after the statement «Fed» (US central bank) yesterday, which reduced expectations of higher interest rates in June Solutions (June). And it reduces the dollar 's decline from the cost of goods denominated in US currency to holders of other currencies which oil supports. And stepped Futures US oil to $ 1.74 or 4.52 percent at the settlement today, to $ 40.20 a barrel after the highest level in 2016 recorded at $ 40.26. Ended Futures for «Brent» high the session of $ 1.21 or three per cent to $ 41.54 a barrel after also recorded the highest price in 2016 at $ 41.60. oil also gained strength from higher gasoline consumption and increased less than expected for US stocks, though «energy Information administration» US It said yesterday that crude inventories are still at a record level.
Today at 5:11 pm by Rocky
» Sudanese advisor criticizes Kuwaiti analyzes regarding the development road project
Today at 2:21 pm by Rocky
» Al-Mandalawi stresses the need to strengthen economic and trade cooperation between Iraq and Poland
Today at 2:04 pm by Rocky
» Power maneuvers: America provides defensive weapons to Kurdistan in exchange for withholding from Ba
Today at 10:26 am by Rocky
» Kuwait is drilling an oil well near Umm Qasr, towards Iraqi territory
Today at 10:24 am by Rocky
» In the document... the first Iraqi ministry identifies the obstacles to changing the new official wo
Today at 10:22 am by Rocky
» Italian Institute: Iraq is stuck in its own crises, including Baghdad’s efforts to undermine the “au
Today at 10:21 am by Rocky
» The head of the Integrity Commission announces the holding of an international Interpol conference i
Today at 10:18 am by Rocky
» Planning: Iraqi companies are not efficient in conducting the population census
Today at 10:14 am by Rocky
» utube MM&C 4/24/24 Support - USA- Turkey - Timing- Currency Value - Tabled
Today at 8:08 am by Rocky
» MM&C 4/25/24 National Bank of Iraq goes live with Temenos core banking and payments
Today at 8:06 am by Rocky
» A banking official indicates a "danger" to Iraq by depriving more than half of its banks of dollars
Today at 7:55 am by Rocky
» With the participation of the Association of Private Banks, investment opportunities are on the tabl
Today at 7:45 am by Rocky
» Within a month... an Iranian border crossing recorded a noticeable increase in exports of goods to I
Today at 7:44 am by Rocky
» The Association of Private Banks appreciates the efforts of the government and the Central Bank to c
Today at 7:43 am by Rocky
» Al-Maliki's coalition presents a third candidate for the position of governor of Diyala
Today at 6:57 am by Rocky
» Arab gathering: The Kirkuk problem is getting complicated and the Sudanese must intervene
Today at 6:56 am by Rocky
» Next week.. a Kurdish delegation will visit Baghdad to meet with the Minister of Finance
Today at 6:54 am by Rocky
» Under the pretext of salaries... Al-Party refrains from handing over port revenues to Baghdad
Today at 6:53 am by Rocky
» Association of Banks: For the first time, we are witnessing a clear targeting of depriving half of t
Today at 6:51 am by Rocky
» Parliament does not know the reason for the delay in sending the 2024 budget schedules: Voting takes
Today at 6:49 am by Rocky
» Applicants for the 2024 Hajj are demanding that the Central Bank secure the dollar for them through
Today at 5:09 am by Rocky
» Governmental and private banks will showcase their services tomorrow during Financial Inclusion Week
Today at 5:08 am by Rocky
» Iraq's oil exports rise despite OPEC+ cuts
Today at 5:06 am by Rocky
» A study explodes a "surprise"... Iraq is among the countries that export oil to "Israel": How is the
Today at 5:04 am by Rocky
» Al-Araji emphasizes working to strengthen national identity
Today at 5:02 am by Rocky
» Al-Sudani visits Saudi Arabia to participate in the World Economic Forum in Riyadh
Today at 5:01 am by Rocky
» Iraq is talking about producing one million additional liters of gasoline
Today at 4:59 am by Rocky
» The Council of Ministers approves the implementation of the Baghdad Metro project
Today at 4:56 am by Rocky
» Minister of Commerce: We formed a joint economic committee with Türkiye
Today at 4:55 am by Rocky
» Resources: Government measures have contributed to improving the water situation in Iraq
Today at 4:53 am by Rocky
» Parliamentary Finance: Baghdad will continue to send salaries to the region’s employees until settle
Today at 4:51 am by Rocky
» A parliamentarian describes the corruption of Iraqi ports as “ghouls” and reveals the involvement of
Today at 4:49 am by Rocky
» Obelisk Hour: Basra is the subject of political conflict and ambiguity over the fate of the funds al
Today at 4:48 am by Rocky
» Turkmen leader: An agreement on the local government of Kirkuk is near
Today at 4:45 am by Rocky
» Anbar calls for the operation of its factories despite financial obstacles
Today at 4:44 am by Rocky
» Turki: The crisis of the Presidency of Parliament prompted the Sunnis to amend the Council’s interna
Today at 4:43 am by Rocky
» The Agriculture Committee confirms the existence of Iraqi-Turkish-Iranian discussions on water
Today at 4:42 am by Rocky
» Resources diagnose the challenges facing the water file in Iraq
Today at 4:38 am by Rocky
» Parliament pledges to the Interior Ministry: We will transfer money to buy weapons from citizens
Today at 4:33 am by Rocky
» Al-Issawi is the closest.. Parliament sets the date for deciding the choice of the new president
Today at 4:31 am by Rocky
» Deputy: Iraq's investments have risen and need a comprehensive review of previous years
Today at 4:30 am by Rocky
» Iraqis consume 7 billion eggs annually and import about $900 million
Today at 4:28 am by Rocky
» The Iranian role complicates attempts at open cooperation between Iraq and Turkey. Turkey is trying
Today at 4:26 am by Rocky
» Move in Iran to obtain $242 billion from Iraq in compensation for the eight-year war
Today at 4:25 am by Rocky
» 12 decisions from the Council of Ministers regarding the Baghdad Metro and Najaf-Karbala train proje
Today at 4:23 am by Rocky
» Sudanese Advisor: The path to development has begun... the Baka and the militias “we silence them wi
Today at 4:21 am by Rocky
» Not from Kurdistan.. How did Iraq become a source of oil for “Israeli tanks”?
Today at 4:19 am by Rocky
» Parliamentary Agriculture criticizes the Sudanese and Erdogan agreement: Türkiye will control water
Today at 4:16 am by Rocky
» The Iraqi government issues new decisions
Yesterday at 2:35 pm by Rocky
» The story of “reduced oil” to Jordan, from “compulsion” to mutual benefit.. Is there a loss?
Yesterday at 2:33 pm by Rocky
» The Council of Ministers takes 12 decisions for the Baghdad Metro and the Najaf-Karbala train
Yesterday at 2:32 pm by Rocky
» utube MM&C 4/23/24 Iraqi Dinar - IQD Update - Development Road Project - Saviour of Global Banking
Yesterday at 10:18 am by Rocky
» Kidney from pig transplanted into deathly ill New Jersey woman — and begins working almost immediat
Yesterday at 10:15 am by Bama Diva
» The most difficult option.. Warnings of the danger of floating the Iraqi dinar without achieving an
Yesterday at 9:48 am by Rocky
» Trade from the “Economic Committee” with Türkiye: It will overcome all obstacles facing the traders
Yesterday at 9:46 am by Rocky
» Washington's hope for stable relations with Baghdad clashes with Iraqi parties' rejection of the Ame
Yesterday at 9:41 am by Rocky
» Karim Badr: Development is America’s will to kill silk
Yesterday at 9:36 am by Rocky
» Oil: Opening of a new port for liquid gas for vehicles in Baghdad
Yesterday at 9:33 am by Rocky
» A media advisor warns of corruption in a draft law on the Parliament’s agenda
Yesterday at 9:21 am by Rocky
» Economist: There is serious work to lift US sanctions on Iraqi banks
Yesterday at 9:16 am by Rocky
» Will the agreements signed with the US Treasury reflect positively on the exchange rates?
Yesterday at 7:52 am by Rocky
» Iraq continues its quest to join the World Trade Organization
Yesterday at 7:51 am by Rocky
» Iraq completes the completion of the files for the initial offer of goods and services to join the W
Yesterday at 7:50 am by Rocky
» Economist: Travelers' dollars are leaking into the parallel market...and this is what the Central Ba
Yesterday at 7:32 am by Rocky
» President of the Federal Court: It is not permissible to force anyone to join any party, and the pol
Yesterday at 7:30 am by Rocky
» The Council of Ministers holds its session headed by Al-Sudani
Yesterday at 7:27 am by Rocky
» America weakens Baghdad...and increases Kurdistan's military capabilities
Yesterday at 7:26 am by Rocky
» The Iraqi government plans to build 10,000 schools throughout the country
Yesterday at 7:23 am by Rocky
» American threats close the Iraqi Stock Exchange at a loss
Yesterday at 7:21 am by Rocky
» Increase in external transfers at the Central Bank
Yesterday at 7:20 am by Rocky
» Al-Maliki calls on Britain to cancel restrictions on the entry of its companies into Iraq
Yesterday at 7:18 am by Rocky
» Planning and the European Union are discussing signing a number of agreements in the development, en
Yesterday at 7:16 am by Rocky
» Parliament talks about the mechanism for recovering smuggled funds and hints at the next stage
Yesterday at 7:13 am by Rocky
» Interior Ministry: The number of completed national cards reached 37 million cards
Yesterday at 7:06 am by Rocky
» Amnesty International: Violations of freedom and human rights continue in Iraq and the Kurdistan Reg
Yesterday at 7:04 am by Rocky
» Parliamentary Oil: The government is proceeding with the decision to raise the price of improved gas
Yesterday at 7:03 am by Rocky
» A parliamentary committee in Basra to investigate violations of the port company and the local gover
Yesterday at 7:00 am by Rocky
» Revealing the 10 most important American exports to Iraq
Yesterday at 5:31 am by Rocky
» A noticeable increase in the rate of Iraq's import of Chinese cooling devices
Yesterday at 5:30 am by Rocky
» Prime Minister: Working on projects without completing the infrastructure is a waste of money
Yesterday at 5:28 am by Rocky
» Iraq.. Extending the deadline for registration procedures on plots of land
Yesterday at 5:27 am by Rocky
» What is the main purpose of conducting the population census in Iraq?
Yesterday at 5:25 am by Rocky
» A plan to transform Iraq from a barren land to green with 5 million trees
Yesterday at 5:24 am by Rocky
» The Housing Fund announces the acceptance of more than 11 thousand loans through the Ur platform
Yesterday at 5:23 am by Rocky
» The Bank of Baghdad is moving to increase its capital to 400 billion dinars
Yesterday at 5:20 am by Rocky
» The electronic payment system will soon be adopted on Iraqi buses
Yesterday at 5:19 am by Rocky
» “It threatens our interests and destroys our economy.” An Iraqi project “irritates” the Kuwaiti stre
Yesterday at 5:18 am by Rocky
» Warning from the Central Bank about “misuse of electronic payment cards”
Yesterday at 5:17 am by Rocky
» Iraq and the Sultanate of Oman are discussing sending capacities through the Gulf countries
Yesterday at 5:16 am by Rocky
» The fact that a decision was issued to deport Syrian workers from Iraq
Yesterday at 5:14 am by Rocky
» Rice comes first... America exports 10 foodstuffs worth more than 350 million dollars to Iraq
Yesterday at 5:14 am by Rocky
» A sixth licensing round for gas exploration
Yesterday at 5:12 am by Rocky
» Baghdad is preparing to host the 50th session of the Arab Labor Conference
Yesterday at 5:11 am by Rocky
» Scientific symposium on the future vision of the tripartite budget
Yesterday at 5:09 am by Rocky
» Five conversion power stations enter service in Najaf
Yesterday at 5:08 am by Rocky
» Planning: Conduct a population census next November
Yesterday at 5:07 am by Rocky
» Experts: Spreading misleading information harms development and investment
Yesterday at 5:03 am by Rocky
» Economists call for tightening money laundering laws and port controls
Yesterday at 5:02 am by Rocky