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Kuwait, Iraq back OPEC+ oil supply rise plan, despite calls for more
SULAIMANI (ESTA) — Kuwait and Iraq support sticking to plans to raise oil output by 400,000 barrels per…
Iraq’s oil exports rise to 3.12 mln bpd in October, says ministry
SULAIMANI (ESTA) — Iraq’s oil exports for October rose to 3.12 million barrels per day (bpd) from 3.081…
Iraq plans billions of dollars of energy contracts with Saudi Arabia – report
SULAIMANI (ESTA) — The Iraqi government plans to sign energy contracts worth tens of billions of dollars with…
Oil falls on China fuel reserves release
SULAIMANI (ESTA) — Oil prices dropped on Monday as China’s release of gasoline and diesel reserves eased concerns…
Iraq state firm sees no need to increase oil production beyond OPEC plan
SULAIMANI (ESTA) — Iraq’s state oil marketing company, SOMO, said on Saturday Iraq sees no need to take…
OPEC+ expected to stay the course on oil output plans
SULAIMANI (ESTA) — An OPEC+ committee largely stuck to forecasts of a strong demand rebound this year and…
Oil prices edge higher but set for first weekly drop since August
SULAIMANI (ESTA) — Oil prices edged up on Friday but were headed for their first weekly losses in…
Oil prices fall on U.S. inventory shock, coronavirus case rise
SULAIMANI (ESTA) — Oil prices edged lower on Thursday after official figures showed a surprise jump in U.S.…
Iraq adds up to $16 billion of oil revenue to budget – INA
SULAIMANI (ESTA) — Iraq added up to $16 billion of additional oil revenue to this year’s budget for…
Oil prices fall after increase in U.S. crude, fuel stockpiles
SULAIMANI (ESTA) — Oil prices dropped on Wednesday after industry data showed crude oil stockpiles rose more than…
Oil rises as traders await stocks data, Iran talks
SULAIMANI (ESTA) — Oil prices edged higher on Tuesday after trading down earlier, looking set to sustain a…
Oil extends gains to multi-year highs on tight supply
SULAIMANI (ESTA) — Oil prices rose on Monday as global supply remained tight amid solid fuel demand in…