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Iraq aims to boost southern ports crude export capacity
SULAIMANI (ESTA) — Iraq aims to increase crude oil export capacity from its southern ports to 6 million…
Novak says Russia backs OPEC+ 500,000 bpd oil output hike from February
SULAIMANI (ESTA) — Russia expects to support an increase in oil production by the group, known as OPEC+,…
Oil edges higher after Brexit deal, gains capped by pandemic
SULAIMANI (ESTA) — Oil prices inched higher on Friday, helped by late-day buying in a low-volume session to…
Oil prices rise on U.S. inventory draw, Brexit deal hopes
SULAIMANI (ESTA) — Oil extended gains on Thursday as a drawdown in U.S. stockpiles of crude and gasoline…
Oil extends losses on surprise build in U.S. crude stocks
SULAIMANI (ESTA) — Oil prices extended losses on Wednesday after industry data showed U.S. crude oil stocks rose…
Oil edges lower as new COVID-19 strain proves ‘nightmare before Christmas’
SULAIMANI (ESTA) — Oil prices fell on Tuesday as the rapid spread of a new strain of the…
Iraq to start fuel exports to Lebanon 2021 – oil ministry
SULAIMANI (ESTA) — Iraq will begin fuel exports to Lebanon in 2021 using global prices, the Iraqi minister…
Oil prices fall as new coronavirus strain fuels demand concerns
SULAIMANI (ESTA) — Oil prices dropped over 2% on Monday as a fast-spreading new coronavirus strain that has…
Dana Gas restarts gas expansion project in Kurdistan Region
SULAIMANI (ESTA) — United Arab Emirates energy firm Dana Gas has restarted a key gas expansion project in…
Iraqi dinar exchange rate set at 1,470 per dollar: central bank
SULAIMANI (ESTA) — The exchange rate of the Iraqi dinar is set at 1,470 dinars per dollar, the…
Iraqi Central Bank to set dinar exchange rate at 1,450 per dollar: MP
SULAIMANI (ESTA) — Iraqi Central Bank will settle the exchange rate of Iraqi dinar at 1,450 per U.S.…
Oil retreats from 9-month high as COVID-19 surge stokes demand fears
SULAIMANI (ESTA) — Oil prices eased on Friday but stayed within touching distance of nine-month highs hit in…