More Iraqi News Monday Evening 4-4-22
More Iraqi News Monday Evening 4-4-22
TLM724 Administrator BondLady’s Corner
A New Drop In The OPEC Basket Of $ 2
Economie| 01:11 - 04/04/2022 Baghdad - Mawazine News The prices of the OPEC basket of oil fell, on Monday, to close to 105 dollars per barrel.
And the Organization of the Petroleum Exporting Countries stated in a report seen by / Mawazine News /, that "the price of the OPEC basket of thirteen barrels of crude recorded 104.90 dollars per barrel," noting that "the price fell from the previous day by 2.84 dollars, or 2.64 percent, after recording 110.74 dollars. "
Yesterday, oil prices fell, after "the United States of America announced that it will release one million barrels per day from its strategic reserves for a period of 6 months."
The Organization of Petroleum Exporting Countries (OPEC) reference basket consists of the following: Sahara Blend (Algeria), Girasole (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabie Lite (Gabon), Heavy Iran (Islamic Republic of Iran) Basra Al Khafeef (Iraq), Kuwait Export (Kuwait), Es Sidr (Libya), Pune Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Miri (Venezuela). Ended 29 / 92
https://www.mawazin.net/Details.aspx?jimare=189255
Parliamentary Finance Discusses With The German Ambassador To Help Iraq In The Electricity And Security Sector
Today, Monday, the Parliamentary Finance Committee discussed with the German ambassador to Baghdad, Martin Jaeger, Iraq's assistance in the electricity and security sector.
A statement by the Media Department of the House of Representatives stated that "the Finance Committee headed by Hassan Karim Al-Kaabi received today the German Ambassador to Baghdad Martin Jaeger and his accompanying delegation, in the presence of members of the Committee Mishaan Al-Jubouri, Nazem Al-Shibli, Khalil Al-Ghazi and Sajjad Salem, to discuss bilateral relations between the two friendly countries," noting that During the meeting, Al-Kaabi welcomed the delegation, giving a brief presentation on the work of the Parliament and the Finance Committee.
He added that "the committee discussed with the ambassador issues of common interest and the provision of assistance to Iraq in the electricity, security and other important sectors."
Al-Kaabi confirmed, according to the statement, that "the German embassy has strong relations with it, as it is one of the embassies that had and still has great cooperation in holding courses and seminars related to Iraq," pointing to "the importance of striving to sustain continuous cooperation and express mutual consultation."
For his part, the German ambassador thanked the committee for the warm reception and hospitality and the opportunity to get acquainted with the details of the work of the Council and the Parliamentary Finance Committee. https://www.radionawa.com/all-detail.aspx?jimare=28837
Oil Prices Continue To Decline As Fears Of Supply Disruptions Dissipate
Energy Economy News – Baghdad Oil prices extended losses on Monday as investors continued to withdraw supplies from strategic oil reserves from consuming countries as a truce in Yemen eased fears of supply disruptions in the Middle East.
Brent crude futures fell 79 cents, or 0.8 percent, to $103.60 a barrel by 0037 GMT, while US West Texas Intermediate crude recorded $98.45 a barrel, down 82 cents, or 0.8 percent. And futures contracts for each of the two crudes fell by dollars at the beginning of trading in the markets on Monday.
The United Nations brokered a two-month truce between a Saudi-led coalition and the Iran-aligned Houthi movement for the first time in the seven-year conflict. Saudi oil facilities were attacked by the Houthis during the conflict, in addition to the suspension of supplies from Russia.
Oil prices fell about 13 percent last week after US President Joe Biden announced that up to one million barrels per day would be withdrawn from the US Strategic Petroleum Reserve for a period of six months starting in May. Biden said the withdrawal, the third in the past six months, would serve as a bridge so domestic producers can boost production and rebalance supply with demand.
Views 72 Date Added 04/04/2022 https://economy-news.net/content.php?id=27408
The Stability Of The Dollar Exchange Rates In The Local Market
Economie| 09:49 - 04/04/2022 Baghdad - Mawazine News: The dollar exchange rates recorded, today, Monday, stability in the local markets in Baghdad and other governorates.
Baghdad Sale 147.750 dinars Buy 146,750 dinars
North Sale 147.750 dinars Buy 146.750 dinars
South Sale 147.750 dinars Buy 146.750 dinars
https://www.mawazin.net/Details.aspx?jimare=189231
Al-Zamili: There Is A Good Opportunity For Australian Companies To Invest In Iraq
The First Deputy Speaker of the House of Representatives, Hakim Al-Zamili, confirmed that the opportunity is ripe for Australian companies to invest in Iraq.
The media office of the First Deputy Speaker of the House of Representatives said in a statement that "Al-Zamili received the Australian Ambassador in Baghdad, Paula Elizabeth Kanley, to discuss bilateral relations, enhance cooperation between the two countries, and discuss the latest developments on the local scene."
Al-Zamili said, according to the statement: "We are determined to find an effective strategy to achieve sustainable development for our country, through the development of the agricultural and industrial sectors, and to attract sound investment companies," stressing that the opportunity is favorable for Australian companies to invest in Iraq. https://www.radionawa.com/all-detail.aspx?jimare=28832
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