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Post by Ssmith on Thu Apr 04, 2019 9:20 am


Samson » April , 2019

Iraqi Premier's coming external visits

3rd April, 2019

Informed sources said that Premier Adel Abdul Mehdi will visit Iran next Saturday.

The sources added that Mehdi will participate in the economic conference between the two countries, due in Tehran next Sunday.

Yesterday, Premier Mehdi announced that he will make external official visits to Saudi Arabia, Iran and Turkey.

The visits come within the frame work of enhancing relations with neighboring countries.

Brent is close to the $ 70 level for a fourth day in a row

3rd April, 2019

Oil prices rose for a fourth consecutive day on Wednesday (April 3rd), as Brent hit $ 70 a barrel as crude support from OPEC-led supply cuts and US sanctions overshadowed an unexpected surge in US stockpiles

Brent crude futures were up 36 cents to $ 69.73 a barrel, up from $ 69.87 a barrel, the highest level since Nov. 12, the last time it was above $ 70

US WTI rose 26 cents, or 0.4 percent, to $ 62.84 a barrel, and earlier rose to $ 62.90, its highest level since Nov. 7

For the most part since the beginning of this year, oil prices have been supported by efforts from Opec members and outside allies such as Russia - known as the OPEC + alliance - pledging to cut supplies this year to around 1.2 million bpd LINK

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