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US Resumes Iraqi Oil Imports After Seven-Week Halt

The United States resumed imports of Iraqi crude after a seven-week period with no shipments. US purchases reached 6,000 barrels per day during the...

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...

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...

Iraq Negotiates Safe Hormuz Passage for Oil Tankers

Iraq is negotiating with a German shipping company to secure safe passage through the Strait of Hormuz. The talks focus on transporting Iraqi crude...

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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