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Oil prices rise ahead of EU meeting on Russian sanctions
SULAIMANI (ESTA) — Oil prices rose on Monday as traders waited to see whether the European Union would…
Oil prices rise amid global supply concerns
SULAIMANI (ESTA) — Oil prices rose on Friday with Brent crude on track for its biggest weekly jump…
Oil extends gains on tight supply
SULAIMANI (ESTA) — Oil prices extended gains on Thursday on signs of tight supply while the European Union…
Iraq currency reserves expected to exceed $90 billion: minister
SULAIMANI (ESTA) — Iraqi finance minister Ali Allawi said on Wednesday the country’s currency reserves are expected to…
Oil edges higher on tight supply, firm demand expectations
SULAIMANI (ESTA) — Oil prices edged higher on Wednesday, buoyed by tight supplies and the prospect of rising…
Oil drops on recession fears, China COVID demand
SULAIMANI (ESTA) — Oil prices dropped by almost $1 on Tuesday as concerns over a possible recession and…
Oil prices rise as recession worry offsets higher demand outlook
SULAIMANI (ESTA) — Oil prices rose on Monday, as worries over a possible recession offset an outlook for…
Oil falls on uncertainty over fuel demand recovery
SULAIMANI (ESTA) — Oil prices fell on Friday as investors worried that weakening global economic growth and tighter…
Oil prices mixed on China hopes, global supply fears
SULAIMANI (ESTA) — Oil prices were mixed on Thursday on hopes that planned easing of restrictions in Shanghai…
Iraq’s SOMO agrees deal with rail company to transport fuel oil to southern ports
SULAIMANI (ESTA) — Iraq’s state oil marketer SOMO said on Wednesday it agreed with a state-operated railway company…
Oil prices edge up on China demand recovery expectations
SULAIMANI (ESTA) — Oil prices edged up on Wednesday on expectations that easing COVID-19 restrictions in China will…
Oil rises on EU’s Russian oil ban effort, demand hopes
SULAIMANI (ESTA) — Oil hit its highest in seven weeks on Tuesday, supported by the European Union’s ongoing…