August 27th, 2009
Oil exports from Iraq reached the highest level in July 2003, totaling 63 million barrels, according to statements of Assem Jihad, Oil Ministry spokesman, quoted AFP.
Figures made public by Jihad show in July that Iraq exported 63 million barrels to 57 million barrels in June.
As regards the profit from export activity, at the average of oil price of 64.42 dollars per barrel, Baghdad received 4.66 billion dollars. Iraq has prepared the budget for 2009 taking into account an average oil price of 50 dollars per barrel.
The current level of oil exports is comparable to that of 2003, when oil exports were about two million barrels a day, equivalent of 62 million barrels per month. Oil represents 87% of total revenue in Iraq, state that intends to double its exports over the next five years.
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March 30th, 2009 | 1 Comment »
Whether you are a small investor or a serious trader with a work experience in a financial institution you will feel that your concerns in the stock are devoid of clear-sightedness, but especially of objectivity if you will want to stay isolated by the community values of that field.
Great traders and investors have recognized the success of many times that investment in stock market is a difficult... Read More
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March 27th, 2009 | 2 Comments »
FOREX - for beginners
What is to be a FOREX trader? Better said how to make money from it and what it means to live about a rate of exchange, a currency.
Until after all, a trader on FOREX is a house exchange. He buys now dollars and hopes to grow other currency against the dollar in the next period, after which the exchange is reversed, buy and sell dollars back in currency. Of course the difference... Read More
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March 27th, 2009 | No Comments »
Exchange, stock, or exchange price is determined by the market, the relationship between supply and demand of foreign currency of a country. Quote reflects the quantity (volume) of foreign money, which must be paid for one unit of foreign currency (direct quotation), or vice versa - the quantity (volume) of foreign currency, which must be paid for a unit of national currency (quotation reverse).
Currency... Read More
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March 27th, 2009 | No Comments »
Risk is an essential element in transactions on the currency Forex market and in the other exchanges. There are varying degrees of risk, data fluctuation of different market or in international context.
Although risk cannot be controlled in proportion of 100%, it can be reduced but for it must know the 4 essential factors of risk, which are meet in Forex, they are: exchange rate risk, interest rate... Read More
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March 27th, 2009 | No Comments »
24/24h trading on international market
Trading on FOREX market trading consists of buying currencies and selling another simultaneously. Currencies are quoted in pairs such as Euro vs. USD. When one of these two rates increases in value, it means that is appreciated in front of other currencies whose value decreases. FOREX trading is a popular way to conduct transactions in financial markets, being... Read More
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