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Iraq Basrah crude prices climb against global oil downturn

Iraq Basrah crude prices moved higher even as global oil markets slipped. Traders saw strength in Basrah Heavy and Basrah Medium while international benchmarks...

Japan Basra Refinery Project

Japan Basra Refinery Project moves into its final stages as Baghdad and Tokyo celebrate stronger cooperation in the energy sector. The development represents the...

Iraq oil export agreement

Iraq oil export agreement nears finalization as Baghdad and Erbil intensify talks to resolve their long-standing energy dispute. Both sides continue meeting with determination,...

Iraq Basra Crudes Decline Despite Global Oil Recovery

Iraq Basra crudes decline in price even while global oil benchmarks show an upward trend. Traders noted a small but clear dip in Iraq’s...

Iraq Oil Production Rises at al-Nasiriyah Field

Iraq continues to expand its energy sector as production at the al-Nasiriyah oil field rises significantly. The Dhi Qar Oil Company announced a new...

Basrah Crude Prices Drop as Iraq and Kurdistan Restart Pipeline

Basrah crude prices fell sharply on Tuesday, reflecting global oil market weakness and renewed supply concerns. The drop followed news that Iraq’s federal government...

Oil Prices Fall as Iraq–Kurdistan Pipeline Deal Adds Supply Pressure

Oil prices continued to fall, marking the fifth straight session of decline. The drop came after Iraq and the Kurdistan Regional Government (KRG) reached...

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