Thursday Morning Opinions - 11:50 AM CsT - 3/03/2022

[ronscarpa]

Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON  

 

 

*** Sandy Ingram  Article: "Ministry of Oil: Revenues last February amounted to more than $8 billion"  the average daily value was 3.3 million bpd while the average price per barrel was $92.08.  Oil now stands at around $101.30 and is expected to increase even more...

 

*** Pimpy  Still they are talking about the change in the exchange rate...with all this chitter-chatter going on about the Iraqi dinar exchange rate, it's not just happening within Iraq, now the IMF is getting involved...the Central Bank of Iraq is actually taking into consideration a lot of input from the International Monetary Fund...IMO you can't really trust anything that the IMF and World Bank have to offer or suggest...

 

 

[NWGUY]

Oil is really getting up there right now.  If it was all about the price of oil, it would be changed right now, but it is about the HCL...how much the percentage is for all the Iraqi's.  That has not been decided yet, and until then, we are on hold...JMHO.  

[goldwinger57]

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Yeah Pimpy, we can't trust them and what they say any more than we can trust what you say