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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 635.7 -0.0% -3.6%
USD RSISX 676.3 -0.0% -4.8%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BLAD 0.220 15.8%
BINT 1.460 8.1%
IHFI 1.390 2.2%
SMOF 16.300 1.9%
HBAY 72.000 1.4%

Worst Performers

Code Closing (IQD) % Chg
IMIB 2.700 -4.3%
BROI 0.370 -2.6%
IKLV 1.670 -1.2%
IMAP 1.060 -0.9%
IBSD 3.290 -0.3%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BBOB 113.3 92.9
BMNS 33.7 27.6
TASC 17.7 14.5
INCP 14.1 11.5
SKTA 13.7 11.3

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 19.7 16.2
Banking 181.6 148.9
Industry 33.4 27.4
Hotels & Tourism 14.9 12.3
Services 29.8 24.4
Agriculture 3.8 3.1
Insurance 0.1 0.1
Investment - -
Money Transfer - -
Total 283.4 232.3