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Iraq
Monday, October 19, 2026

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Nine Oil Tankers Gather at Basra as Crude Loading Activity Rises

Basra oil terminal activity has increased as nine tankers wait to load Iraqi crude. The vessels represent one of the largest gatherings at southern terminals...

Oil Prices Hold Near Highs as Hormuz Standoff Keeps Markets on Edge

Oil prices remained close to recent highs Thursday as traders watched tensions around the Strait of Hormuz. The market continues to weigh the outlook...

Basrah Crude Surges More Than 18% as Iraqi Oil Prices Jump

Basrah crude prices surged sharply on Thursday, with Iraq’s two main export grades posting gains far above major global benchmarks. The rally pushed Basrah Heavy...

Chinese Refiners Turn to Iraqi Oil as Gulf Supply Routes Disrupt

Chinese refiners are turning to Iraqi crude as disruptions reshape Gulf oil trade. Iraqi crude supplies have gained attention after traders reported major purchases for prompt...

Gold Prices Slide Below 960,000 IQD in Baghdad and Erbil

Gold prices in Iraq fell below the 960,000 IQD mark on Wednesday. Markets in Baghdad and Erbil recorded lower rates for several gold categories. The...

Chevron’s Iraq Pivot Gains Momentum as Southern Oil Projects Move Forward

Chevron’s Iraq pivot is gathering pace as the US energy company expands its focus on major oil opportunities in southern Iraq. The shift follows Chevron’s...

Basrah Crude Surges More Than 5% as Iraqi Oil Grades Outpace Benchmarks

Basrah crude prices jumped more than five percent on Wednesday. The sharp rise pushed Iraq’s two main export grades above several major oil benchmarks....

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