Basrah crude prices jumped sharply on Thursday, extending gains across several major regional oil grades. Basrah Heavy climbed by $4.81 to reach $85.15 per barrel....
Gold prices climbed more than 1% on Thursday as the U.S. dollar weakened. Treasury yields also declined from recent multi-year highs. Investors now await key...
Iraqi oil exports surged in August as traders found new ways around shipping disruptions. Iraqi oil exports reached about 2.34 million barrels per day, according to...
Iraq and Türkiye are stepping up efforts to establish a new road-and-rail border crossing at Fishkhabur-Ovakoy. The Iraq-Türkiye border link could become a major connection between...
Iraqi Drilling Company has completed drilling a 4,152-meter horizontal oil well in the South East Baghdad field. The state-owned company announced the achievement on Wednesday,...
Iraq oil production could rise sharply under a new government plan targeting 10 million barrels per day by 2030. Prime Minister Ali al-Zaidi called for...
Oil prices climbed further on Wednesday as fresh U.S.-Iran military strikes increased concerns about global supply. Brent crude rose 75 cents, or 0.8%, to $95.40...
