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US Oil Inventory Build Pushes Prices Lower

The US oil inventory build continues to weigh on global crude prices. Oil markets slipped slightly as traders balanced weak demand in the United...

Iraq Nears Gasoline Self-Sufficiency with $3.75 Billion Basra Refinery Upgrade

Iraq is on the brink of achieving full self-sufficiency in gasoline production, Oil Minister Hayan Abdul Ghani announced. The milestone will come with the...

Japan Basra Refinery Project

Iraq Oil Revenue Dependence