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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…
Iraq aims to hike oil output to 6 million bpd by end of 2027: minister
SULAIMANI (ESTA) — Iraq aims to increase its oil production to 6 million barrels per day (bpd) by…
Oil falls as investors take profit; supply fear still looms
SULAIMANI (ESTA) — Oil prices fell on Monday, paring early gains as investors took profit following a surge…
OPEC authorizes Iraq to increase output to 4.5 mln bpd from June – envoy
SULAIMANI (ESTA) — Iraq’s representative at OPEC said the organisation had agreed to the country increasing its output…
KRG force seizes two oil wells in Kirkuk: source
SULAIMANI (ESTA) — A force from the Kurdistan Region has taken control of two oil wells in Kirkuk,…
Oil rises amid fears of weaker demand limit gains
SULAIMANI (ESTA) — Oil prices rose on Friday, even though worries about inflation and China’s COVID lockdowns slowing…
Iraq’s April crude production rises above OPEC+ quota – report
SULAIMANI (ESTA) — Iraq pumped 4.43 million barrels per day (bpd) of oil in April, up by 282,000…
Oil falls on fears recession may hit demand
SULAIMANI (ESTA) — Oil prices dropped more than 1% on Thursday in a volatile week as economic concerns…
Turkish lira weakens against dollar for fifth day
SULAIMANI (ESTA) — The Turkish lira eased a further 0.85% against the dollar on Wednesday, weakening for a…
Oil prices rise on looming EU ban on Russian oil
SULAIMANI (ESTA) — Oil prices rose on Wednesday, buoyed by supply concerns as the European Union works on…
Oil edges lower as economic worries, strong dollar weigh
SULAIMANI (ESTA) — Oil prices edged lower on Tuesday, extending the previous day’s steep declines as coronavirus lockdowns…
Turkish lira hits weakest level since mid-December – report
SULAIMANI — The Turkish lira slipped 0.8% on Monday and broke beyond 15 to the dollar for the…