URGENT Parliament’s session scheduled for tomorrow is free of vote on the ministerial cabin

 

Release date: 2018/12/7 20:02 

(Baghdad: Al-Furat News) The House of Representatives will hold its regular Saturday.

The agenda of the session will include the completion of the vote on the amendment of the rules of procedure of the House of Representatives, and the introduction of a general subject of discussion in the presence of the representative of the Ministry of Finance and the representative of the Ministry of Migration and Displaced and the representative of the government on the sinking camps for the displaced. 
The session is due to begin at 1 pm

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Oil rises to $ 63 after OPEC cuts production

 

Date of release: 2018/12/7 16:59 

{International: Al Furat News} Oil prices jumped 5%, as OPEC producers agreed to reduce production to global fuel stocks and support the market.

Brent crude rose $ 3.26 to 63.32 per barrel. In early trade, it hit a low of $ 60. 
Russian Energy Minister Alexander Novak welcomed the cooperation between the Organization of Petroleum Exporting Countries (OPEC) and the producer countries on the basis of a previous agreement signed in Vienna. 
He said at the conclusion of the meeting, “OPEC +”: “We need this cooperation and coordination today because of fluctuation in the oil market.” 
The Organization of Petroleum Exporting Countries (OPEC), earlier, its readiness to reduce oil production by about 800 thousand barrels per day, proposed to the signatories to the agreement, “OPEC +” to cut production by 400 thousand barrels per day. 
Thus, the total reduction agreed by the countries concerned for the year 2019 under the agreement, “OPEC +”, reached 1.2 million barrels and Mia.
“US political pressure was a dominant factor in this (OPEC) meeting and limited the scope of Saudi measures to rebalance the market,” said Gary Ross, chief executive officer of Black Gold Investors. 
“OPEC has agreed to exempt Iran from cutting production after it has rejected any production commitments as long as it is subject to US sanctions,” a Bloomberg news agency quoted one of the participants as saying.

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Imam al-Sistani’s office announces Sunday the first day of the spring of the other

 

Date of release: 2018/12/7 17:47 

(Najaf Ashraf: the Euphrates News) announced the Office of the Supreme Reference Grand Ayatollah, Imam Ali al-Sistani, tomorrow is complementary to the spring of the first.

A statement by the Office of the Supreme Reference in Najaf, received by the agency {Euphrates News} a copy of it, “on Saturday is the completion of the month of spring I, and that Sunday (9/12/2018) is the first of the month of Rabee the other 1440 for migration” .is over

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rise in gold prices and the decline of the dollar

Twilight News

one hour ago

Gold prices rose on Friday, heading for the best weekly performance in the last 15 weeks, as the dollar fell on speculation the Federal Reserve’s intention to ease monetary tightening.

According to Reuters, markets are currently waiting for job data in US non-farm sectors expected to be published later in the day.

Meanwhile, gold futures rose 0.1% to $ 1238.37 an ounce, after hitting a five-month high of $ 1244.32 an ounce in the previous session.

With a 1.5 percent gain this week, gold seems to be heading for the best gains since August 24.

The yellow metal in US futures also rose to $ 1243.8 an ounce.

Meanwhile, the dollar on the bourses faces difficulties as it is under pressure from concerns over long-term Treasury yields.

For other precious metals, silver was little changed at $ 14.47 an ounce, while palladium declined 1% to $ 1197.76 an ounce.

Platinum rose slightly to $ 787.30 an ounce, continuing losses for the fifth week in a row and platinum fell about 1.3% this week.

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