Iraq aims to increase crude production to nearly 10 million barrels per day by 2030. However, the Iraq 10 million bpd oil target faces financial, technical,...
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...
Iraq’s oil-backed loan plan could provide the government with emergency financing as cash pressures grow. Baghdad is preparing to approach US banking institutions about a...
Oil prices pushed higher on Tuesday, lifting Iraq’s Basrah crude grades sharply during early trading. Basrah Heavy gained nearly 8%, while Basrah Medium also posted...
Oil prices climbed above $91 on Tuesday as renewed US-Iran fighting rattled energy markets. Traders grew increasingly concerned about possible disruptions across the Middle...
