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Middle East Conflict Drives Oil Prices up

Oil prices surged more than 7% after Israel launched strikes on Iran, escalating tensions across the Middle East. The sharp rise in prices reflects...

Iraq Oil Export Cut to Meet OPEC+ Targets

Iraq reduced its crude oil exports in May, lowering output to 4 million barrels per day. This move came as part of efforts to...

Iraq Oil Prices Drop as Global Market Weakens

Basrah crude oil prices in Iraq moved slightly lower on Thursday, following a broader decline in global oil markets. Investors responded to international trends,...

Iraq Oil Market Reacts as Prices Jump on Geopolitical Risk

The Iraq oil market felt the impact of rising global crude prices on Wednesday. Oil prices surged over 4%, reaching their highest levels in...

Iraq Oil Prices Rise as Global Crude Slips – Basrah Crude Oil Prices Up

Basrah crude oil prices climbed on Wednesday, defying a broader downturn in global oil markets. Iraq’s key oil grades showed resilience as both Basrah...

Oil Prices Dip as US-China Trade Talks and OPEC+ Output Weigh on Market

Oil prices soften in early Wednesday trading across Asia as global markets react to recent developments in US-China trade talks. Investors also responded to...

Iraq Oil Export Trends Shift Amid OPEC+ Cuts

Iraq oil export trends shifted in May as China and India remained key buyers, despite ongoing production adjustments. Customs data from both countries revealed...

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