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Turkish lira edges back from record lows in early trade
SULAIMANI (ESTA) — Turkey’s lira firmed to below 11.2 to the dollar on Monday, having hit a record…
Oil edges lower on supply release expectations, Europe Covid surge
SULAIMANI (ESTA) — Oil prices edged lower on Monday on concerns about excess supply after Japan said it…
Saudi Arabia holds top oil supplier to China in October; Iraq ranks third
SULAIMANI (ESTA) — Saudi Arabia held its position as the biggest supplier of crude oil to China for…
U.S. again presses OPEC+ as it weighs reserve release
SULAIMANI (ESTA) — The White House on Friday pressed the OPEC producer group again to maintain adequate global…
Turkey’s lira dives back into crisis territory – report
SULAIMANI (ESTA) — Turkey’s lira suffered one of its worst days in three years on Thursday after the…
Oil at 6-week low as China readies crude oil reserve release
SULAIMANI (ESTA) — Oil prices slid to near six-week lows on Thursday as China said it was moving…
Oil drops as U.S. gasoline stock draw boosts prospects of SPR release
SULAIMANI (ESTA) — Oil fell on Wednesday after an industry report showed U.S. gasoline stocks dropped more than…
Iraq to send Lebanon 500,000 tons of gas oil
SULAIMANI (ESTA) — The Iraqi Cabinet approved on Tuesday an agreement to send Lebanon 500,000 tons of gas…
Oil prices fall amid fears of supply boost, weaker demand
SULAIMANI (ESTA) — Crude oil prices skidded on Monday, under pressure from expectations of higher supplies and weakening…
Iraq oil minister says exploration underway at four western desert sites
SULAIMANI (ESTA) — Iraq’s Oil Minister has said that work is underway at four exploration sites in the…
Iraq plans to increase oil output to 3.4 mln bpd in Q1 2022
SULAIMANI (ESTA) — The Iraqi government plans to increase oil exports to 3.4 million barrels per day (bpd)…
Oil prices drop on higher dollar in volatile week
SULAIMANI (ESTA) — Oil prices slipped on Friday as the dollar continued to rise on bets the U.S.…