Projected Values of Iraqi Currency ; (Projected Values of Iraqi Currency) The Iraqi Oil Ministry Wednesday insisted that it was on track to achieve a crude oil production target of 6.5 million b/d by 2014, and disputed a recent IMF report suggesting a lower output rise because of infrastructure challenges.
Iraq says to produce 6.5 mil b/d by 2014; disputes IMF figures
Oil Ministry spokesman Assem Jihad said in a statement that Iraq expected its oil production, currently at around 2.7 million b/d, to rise to 3.3 million b/d in 2012, 4.5 million b/d in 2013 and 6.5 million b/d the following year.Read More...
G7 seeks consensus on coping with dollar drop
World financial leaders, meeting in a Florida resort for talks on the global economy, face the tough job on Saturday of agreeing on wording to stop the dollar’s drop from spinning out of control. Read More...
12 Warning Signs of U.S. Hyperinflation
One of the most frequently asked questions we receive at the National Inflation Association (NIA) is what warning signs will there be when hyperinflation is imminent. In our opinion, the majority of the warning signs that hyperinflation is imminent are already here today, Read More...
Markets Closely Watch Arab League's Surprise
The initial excitement that sent the Saudi Arabia market up 3% on Saturday, March 12, (Saturday is the first day of the work week) was not based on what the “experts” were suggesting - that oil demand associated with Japan’s reconstruction after the earthquake and tsunami, especially with the added injury caused by the blowout of the nuclear plant Read More...
Iraq says to produce 6.5 mil b/d by 2014; disputes IMF figures
Oil Ministry spokesman Assem Jihad said in a statement that Iraq expected its oil production, currently at around 2.7 million b/d, to rise to 3.3 million b/d in 2012, 4.5 million b/d in 2013 and 6.5 million b/d the following year.Read More...
G7 seeks consensus on coping with dollar drop
World financial leaders, meeting in a Florida resort for talks on the global economy, face the tough job on Saturday of agreeing on wording to stop the dollar’s drop from spinning out of control. Read More...
12 Warning Signs of U.S. Hyperinflation
One of the most frequently asked questions we receive at the National Inflation Association (NIA) is what warning signs will there be when hyperinflation is imminent. In our opinion, the majority of the warning signs that hyperinflation is imminent are already here today, Read More...
Markets Closely Watch Arab League's Surprise
The initial excitement that sent the Saudi Arabia market up 3% on Saturday, March 12, (Saturday is the first day of the work week) was not based on what the “experts” were suggesting - that oil demand associated with Japan’s reconstruction after the earthquake and tsunami, especially with the added injury caused by the blowout of the nuclear plant Read More...
Categories:
Forex Trading
