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Samson: Brent Crude Reaches $128 A Barrel

8th March, 2022

The price of Brent crude rose more than 4 dollars, today, to reach 127.86 dollars per barrel.

At the same time, US crude futures rose more than $3, and the price reached $122.79 a barrel, according to “Reuters”.

Analysts expected that oil prices will continue to rise more than they are now this week due to the delay in concluding the Iranian nuclear talks and thus the possibility of Iranian crude oil returning to the already turbulent global markets.

Amrita Sen, co-founder of the Energy Aspects Research Institute, said, “Iran was the only factor supporting the price drop that is hanging over the market, but if the Iranian agreement is delayed now, we may consume stocks more quickly,” according to “Reuters”.

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MilitiaMan: I think this article is smoke. The guy has no basis to support the view.. Let alone a track record on the internet for anything.. imo.. ! If anyone has info him that I seemingly don’t easily find, l would like to see it.. ~ MM

Samson: Deputy: The government will be formed after Eid Al-Fitr

6th March, 2022

A member of the House of Representatives, Yasser Watut, identified today, Sunday, the “node” that stands as an obstacle to the formation of the government.

Watout said in an interview with the official “Al-Sabah” newspaper, which was followed by Mawazine News, that “the information confirms that the government will be formed after the blessed Eid al-Fitr,” adding that “the node that currently stands before the formation of the government is the choice of the president of the republic.”

He continued, “The political blocs are determined to build the country despite the difficulty of the next stage and the accumulations that occurred as a result of the negatives of the past stages,” adding that “to proceed with the construction path is forward and without return.” LINK

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MilitiaMan: There is a convergence of things that are ongoing that suggest there are things moving quickly now.

The reduction in value of the currency on 12/19/2021 had a purpose and that purpose is over. The subject is clearly being talked about at length, that even included paying off repartitions to Kuwait and the lifting of Chapter VII sanctions.

Add in that oil has risen to about $120.00 per barrel and they are automating the provinces through AYSCUDA. The system was started to be implemented awhile back and as of this week they are implementing all provinces at the borders.

That income will be similar to and or equal to the oil revenues. All of which will support the exchange rate that will benefit the citizens.

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MilitiaMan: We need to try and decipher the wheat from the Chaff. Not an easy task be sure. But, if we look closely we can see that they purposefully muddy waters and have done so, as long as I have studied this.

This professional expert (see below link) if you will , describes it as confusion, nothing more. Done imo on purpose, sadly. A confusion that does creates a similar environment like the short and distort we see here today. It creates doubt and that doubt lacks hope and sets those that are in need and hurting up for failure.

As for the CBI, they have the exchange rate in their court. Not the GOI / Finance Minister, his tasks are important, just different from the CBI. The expert explains it very well. They are independent from each other.

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Samson: Brent crude price exceeds $119 per barrel

3rd March, 2022

Oil prices continue to rise since Russia invaded Ukraine, amid expectations that the market will remain in short supply for several months following the imposition of harsh sanctions on Moscow and the mass exit of investments by major companies from Russian oil assets.

Brent crude futures reached their peak near a 10-year high, at $119.3 a barrel in trading on Thursday, up $6.3, or 5.6%.

US West Texas Intermediate crude futures also achieved their highest level at $116.02 a barrel, up by $5.4, or 4.9%. LINK

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Samson: Successive jumps .. Oil rises to 113 dollars a barrel

02/03/2022 12:13:50

Oil prices continue to rise today, Wednesday, as the barrel of “Brent” rose above the level of $113 for the first time since July 2014.

By 11:05 Moscow time, US West Texas Intermediate crude futures rose 6.87% to $110.42 a barrel, while Brent crude futures rose 6.54% to $111.84 a barrel.

Prior to that, Brent contracts were traded above $113 a barrel for the first time since July 2014. LINK

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Samson: During The Hosting Session.. The State Of Law Demands The Return Of The Dollar Price To Its Previous Era

28th February, 2022

The State of Law coalition confirmed, on Monday, that coalition representatives and a number of political blocs will demand Finance Minister Ali Allawi during the hosting session that was held today, to return the dollar exchange rate to its previous position, especially after the end of the financial crisis.

Member of the coalition, Representative Muhammad Al-Sihoud, said in a statement to / the information /, that “today’s session for two discussions is the formation of parliamentary committees, which is an important topic in order to activate the supervisory and legislative roles, while the other place is hosting Finance Minister Ali Allawi.”

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Samson: Iraqi optimism about economic gains after exiting from Chapter VII

25th February, 2022 Muayyad Al-Terfi (an Iraqi reporter)

Iraq succeeded in turning the last page of the UN Security Council resolutions related to the invasion of Kuwait in August 1990, which consisted in closing the compensation file and removing it from Chapter VII of the United Nations Charter after paying more than 52 billion dollars

Removing Iraq from the list of Item VII represents an important step for the return of the Iraqi file to Iraqi sovereignty again after it was subject to the United Nations and the international community in managing its financial revenues, in addition to starting soon to cancel the procedures for freezing Iraqi funds, whether they were seized after the invasion of Kuwait or after the fall of the regime. Saddam Hussein