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Basrah Medium Surges Past $85 as Iraqi Oil Prices Rebound

Basrah Medium price rebound gained momentum in early September, pushing Iraq’s key crude grade above $85 a barrel. The latest move marks a sharp recovery...

Iraq prepares to launch crude oil exports through Syria

Iraq is preparing to begin crude oil exports through Syria as Baghdad seeks to expand its options for reaching international markets. The planned route would connect...

Oil Prices Rise as Hormuz Disruption Fears Deepen

Oil prices rise again as fresh attacks on vessels near the Strait of Hormuz raise fears of wider supply disruptions. Markets remain focused on the...

Iraq fuel oil exports expand through Jordan

Baghdad — Iraq has started exporting fuel oil through Jordan for the first time, marking a new route for its energy shipments. The Iraq fuel oil...

EIA: US Crude Imports From Iraq Return at 38,000 Bpd

Iraqi crude exports to the United States resumed at 38,000 barrels per day (bpd) during the week ending August 28, according to preliminary US...

Basrah Crude Surges Nearly 6% as Regional Oil Prices Rally

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....

Iraq’s Oil Exports Surge 73% as Hormuz Disruption Eases

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...

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