Tishwash: Expectations for Brent crude to reach $ 53 a barrel
Barclays Bank expects the average price of Brent crude to reach $ 53 a barrel, and US crude at $ 50 a barrel.
The bank confirmed in a note to its customers today, Monday, that the potential launch of highly efficient vaccines in the short term may represent a turning point for demand, as it may lead to a more sustainable economic recovery … according to Reuters.
The bank expects OPEC and its allies to delay raising production targets by three months, when the group meets later in November.
The oil market suffers from a lack of demand, with the increase in global closures due to the spread of the Covid-19 virus.
During today’s trading, futures contracts for “Brent” crude for January delivery rose by 0.6% to $ 45.21 a barrel, and US “Nymex” crude contracts for January delivery rose 0.4%, recording $ 42.59 a barrel link
Tishwash: Al-Rafidain: Savings and checking accounts for citizens who have deposited their money amounting to 2198
Al-Rafidain Bank announced, on Monday, that the number of accounts opened for citizens and other groups in its branches in Baghdad and the provinces during last October amounted to 2,198 savings and current accounts.
The media office of the bank said in a statement that “the information” received, a copy of it, that “the number of current accounts that were opened for citizens and other groups reached 219 accounts, while the number of savings accounts for citizens reached 1979 accounts.”
He added that “the bank continues to open accounts for citizens who wish to deposit their money in the bank and obtain benefits according to conditions and controls set in place. The bank’s customers can visit its branches in Baghdad and the provinces to see them.” link