Browsing Category
Business
786 posts
Oil steady as supply cuts offset demand worries on stalled vaccine rollouts
SULAIMANI (ESTA) — Oil prices were slightly lower in subdued trade on Friday, sticking to ranges seen over…
Oil slips on tightening coronavirus curbs, especially in China
SULAIMANI (ESTA) — Oil prices fell on Thursday on fresh worries about weakened fuel demand, after England clamped…
Oil edges up as U.S. oil stockpiles drop, new Chinese coronavirus cases decline
SULAIMANI (ESTA) — Oil prices rose on Wednesday after industry data showed U.S. crude stockpiles fell unexpectedly last…
Oil drops as U.S. stimulus wrangles, rising COVID-19 cases hit sentiment
SULAIMANI (ESTA) — Oil prices fell on Tuesday as fading hopes for a rapid approval of new U.S.…
OPEC oil supply to drop by 400,000 bpd in January: Petro-Logistics
SULAIMANI (ESTA) — OPEC oil supply in January is expected to decrease by approximately 400,000 barrels per day,…
Oil prices rise, but impact of lockdowns restrain gains
SULAIMANI (ESTA) — Oil prices rose on Monday as a weaker offset dollar fresh concerns about the hit…
Iraq exported more than 1 billion barrels of oil in 2020: SOMO
SULAIMANI (ESTA) — Iraq exported more than 1 billion barrels of oil in 2020, according to statistics from…
Oil prices fall as China’s surging COVID-19 cases trigger clampdowns
SULAIMANI (ESTA) — Oil prices dropped on Friday, retreating further from 11-month highs hit last week, weighed down…
Iraq cuts crude oil supplies for most Indian refiners in 2021 – Reuters
SULAIMANI (ESTA) — Iraq has reduced annual supplies of Basra crude oil to several Indian refiners by up…
Iraq became China’s third largest oil supplier in 2020 – report
SULAIMANI (ESTA) — Iraq became China’s third largest oil supplier in 2020, as U.S. sanctions nearly chocked off…
Oil prices fall after rise in U.S. crude stocks
SULAIMANI (ESTA) — Oil prices dropped on Thursday after industry data showed a surprise build in U.S. crude…
Oil prices rise on hopes of U.S. stimulus and crude stocks drawdown
SULAIMANI (ESTA) — Oil prices rose on Wednesday on expectations the incoming U.S. administration will go ahead with…