Basra: Basra “heavy and medium” crude incurred slight losses during the past week, with weekly losses recorded for the two crudes (Brent and West Texas). Basra heavy crude closed in its last session at an increase of $1.13, reaching $69.11, and record…
Baghdad: The Ministry of Oil announced today, Friday, that Iraq has reduced its production and oil exports to 3.3 million barrels per day. This decision aligns with Iraq’s commitment to the decisions of OPEC and the allied countries within the Joint C…
Baghdad: Turkish Minister of Transport and Infrastructure Abdulkadir Oraloglu emphasized the high strategic importance of the “Development Road” project in collaboration with Iraq, stating it holds significant potential not only for Turkey and Iraq bu…
Basra: Basra Heavy and Basra Medium crude prices witnessed a decline, despite the stability of global oil prices. Basra Heavy crude prices fell by $1.79 to reach $66.01, and Medium crude prices fell by $1.79 to reach $69.16.
According to National Ira…