Baghdad: The Ministry of Oil announced today the start of the initial phases of trial operations at the North 2 and Salah al-Din 3 refineries, each with a capacity of 70,000 barrels per day.
According to National Iraqi News Agency, Adnan Muhammad Ha…
Baghdad: Prime Minister Mohammed Shia al-Sudani has announced a decision to halt the imports of gasoline, kerosene, and white oil. This move comes after the local production of these materials reached levels that exceed domestic consumption, aligning …
Basra: Basra Heavy crude oil prices rose on Tuesday, amid stable global oil prices. Basra Heavy crude prices increased by $1.12, or 1.76%, to reach $64.68, while Basra Medium crude prices also rose by $1.12, or 1.71%, to reach $66.53.
According to N…
Baghdad: Oil prices fell on Tuesday following the decision by the Organization of the Petroleum Exporting Countries (OPEC) and its allies to suspend production increases in the first quarter of next year, indicating a potential supply glut.
Accordin…