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Economics

OPEC+ to Consider Deeper Output Cuts, Iraq Oil Minister Says

The OPEC+ alliance will consider deeper cuts to crude production when oil producing nations meet in Vienna on Dec. 5, Iraq’s oil minister Thamir Ghadhban said. The reduction could be about 400,000 barrels a day, he told reporters in Baghdad on Sunday, adding that Iraq complied with its commitment to lowering output in November. "This figure has been discussed and reached between OPEC ministers as a result of careful studies."

Source: https://www.bnnbloomberg.ca/opec-to-consider-deeper-output-cuts-iraq-oil-minister-says-1.1355831

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 586.5 -0.2% -11.0%
USD RSISX 626.6 0.2% -10.6%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BIBI 0.260 8.3%
IITC 10.250 2.5%
SKTA 4.250 2.4%
INCP 2.230 1.8%
IMAP 1.100 0.9%

Worst Performers

Code Closing (IQD) % Chg
BNAI 0.680 -9.3%
HNTI 9.850 -4.3%
BKUI 1.060 -2.8%
BMNS 0.610 -1.6%
HBAY 67.000 -0.7%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BTRI 1,960.1 1,613.2
BKUI 123.0 101.2
SKTA 68.4 56.3
BMNS 53.1 43.7
TASC 43.5 35.8

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 45.4 37.4
Banking 2,181.4 1,795.4
Industry 103.2 84.9
Hotels & Tourism 6.6 5.4
Services 70.7 58.2
Agriculture 2.5 2.1
Insurance 1.1 0.9
Investment - -
Money Transfer - -
Total 2,410.9 1,984.3