Basra: Basra Heavy and Medium crude prices experienced a significant decline, falling by more than 2% as they aligned with the reduction in global oil prices. Basra Heavy crude prices decreased by $1.38, or 2.35%, reaching $57.27, while Basra Medium c…
Moscow: US naval forces have seized the Russian oil tanker “Marinera” in international waters in the North Atlantic Ocean, as announced by the Russian Ministry of Transport. The ministry reported that contact with the vessel was lost following the boa…
Washington: The US Department of Energy announced on Wednesday the commencement of global marketing of Venezuelan oil on behalf of Venezuela, the United States, and its allies.
According to National Iraqi News Agency, media outlets quoted the depart…
