Basra: Basra Heavy and Basra Medium crude prices fell on Tuesday, despite rising oil prices in global markets.
According to National Iraqi News Agency, Basra Heavy crude prices fell 87 cents, or 1.33%, to $64.73, while Basra Medium crude prices fell…
Baghdad: Oil prices rose on Tuesday after the United States and China decided to extend a truce in their mutual tariffs, easing concerns about weak fuel demand in the world’s two largest oil consumers. Brent crude futures rose 26 cents, or 0.39%, to $…
Baghdad: U.S. President Donald Trump has signed an executive order extending the trade truce with China for an additional 90 days, just hours before the current de-escalation period between the world’s two largest economies was set to expire.
Accordi…
Baghdad: Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani, hosted Syrian Energy Minister, Mohammed Bashir, to discuss collaboration in the oil, gas, and energy sectors.
According to National Iraqi News Agency, the mini…