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Oil prices rise after U.S. crude inventory draw
SULAIMANI (ESTA) — Oil prices rose on Thursday, after data showed U.S. crude stockpiles fell last week, while…
Oil slips as rising COVID-19 cases stokes demand concerns
SULAIMANI (ESTA) — Oil prices slipped on Wednesday on concerns that fuel demand will continue to falter as…
OPEC cuts 2021 oil demand forecast again as virus cases rise
SULAIMANI (ESTA) — World oil demand will rebound more slowly in 2021 than previously thought as coronavirus cases…
Iraq’s oil minister plans company to handle Kurdistan Region oil operations
SULAIMANI (ESTA) — Iraq’s oil minister Ihsan Abduljabbar said on Tuesday that he had proposed to form a…
Oil prices rise after falling amid return of supply
SULAIMANI (ESTA) — Oil prices rose on Tuesday, as supplies began to resume in Norway, the U.S. Gulf…
Oil prices extend losses as U.S. producers restore output post-hurricane
SULAIMANI (ESTA) — Oil prices dropped for a second straight session on Monday as U.S. producers began restoring…
Iraqi minister sees oil at $45 in first quarter of 2021 – newspaper
SULAIMANI (ESTA) — Iraqi Minister of Oil Ihsan Abduljabbar said oil prices are expected to reach around $45…
Iran’s rial hits new low against dollar as economy reels
SULAIMANI (ESTA) — The Iranian rial fell to a new low against the U.S. dollar on Sunday as…
Oil prices head for 10% weekly jump on North America, Norway outages
SULAIMANI (ESTA) — Oil prices fell on Friday, erasing earlier gains but still leaving both benchmarks on track…
OPEC, in major shift, says oil demand to plateau in late 2030s
SULAIMANI (ESTA) — World oil demand will plateau in the late 2030s and could by then have begun…
U.N. recommends Iraq to develop non-oil private sector to support its economic recovery
SULAIMANI (ESTA) — The United Nations recommended Iraq to develop non-oil private sector economy to reduce dependency on…
Oil prices rise as Hurricane Delta approaches U.S. Gulf of Mexico
SULAIMANI (ESTA) — Oil prices rose on Thursday as oil workers evacuated rigs in the U.S. Gulf of…