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Oil prices gain ahead of OPEC+ meeting on output policy
SULAIMANI (ESTA) — Oil prices gained on Thursday on expectations that a meeting of OPEC and its allies…
U.S. grants 120-day waiver for Iraq to pay for electricity from Iran
SULAIMANI (ESTA) — The United States has renewed a waiver allowing Iraq to pay for electricity imported from…
Oil prices rise on expectations OPEC+ will maintain supply discipline
SULAIMANI (ESTA) — Oil prices rose on Wednesday, paring overnight losses a day ahead of a meeting of…
Oil falls as focus switches from Suez Canal blockage to OPEC+ meeting
SULAIMANI (ESTA) — Oil prices extended losses on Tuesday as shipping traffic resumed through the Suez Canal after…
Iraq signs heads of agreement with Total for four energy projects
SULAIMANI (ESTA) — Iraq has signed heads of agreement with French oil giant Total to build four giant…
Oil prices slump as Suez Canal container ship starts to move
SULAIMANI (ESTA) — Oil prices dropped more than $1 on Monday after news from the Suez Canal that…
Iraq discussing ‘giant’ agreement with Total, says oil minister
SULAIMANI (ESTA) — Iraqi oil minister Ihsan Abdul Jabbar said the country was discussing a “giant” agreement with…
Oil prices recover some ground on fears Suez blockage may last weeks
SULAIMANI (ESTA) — Oil prices reversed a sharp sell-off a day earlier to rise 1% on Friday on…
Oil falls as demand concerns trump Suez Canal disruptions
SULAIMANI (ESTA) — Oil prices fell more than 1% as fresh COVID-19 lockdowns revived worries about demand for…
As Europe tightens lockdowns, OPEC+ to keep oil taps tight – sources
SULAIMANI (ESTA) — With oil prices making steady gains earlier this year, OPEC and other producers had hoped…
Iraq’s SOMO awards fuel oil supply contracts to Chevron, Reliance: sources
SULAIMANI (ESTA) — Iraqi state-owned marketer SOMO has finalized a term contract to supply 750,000 tons of straight-run…
Iraq approves deal to award Schlumberger $480 million deal to drill oil wells
SULAIMANI (ESTA) — The Iraqi cabinet on Tuesday approved a deal to award U.S. company Schlumberger Ltd a…