Challenges in Kurdistan Oil Exports: A $1 Billion Impasse The export of oil from the Kurdistan Region remains at a standstill, with approximately 115,000 barrels of oil caught in a
The Iraqi Oil Marketing Company (Sumo) has announced a reduction in the disparity of its official sale prices for crude oil designated for loading in April, aimed at both Asian
Iraq's Oil Exports to the U.S. Reach 95 Million Barrels in 2024 The U.S. Energy Information Administration (EIA) has reported a significant development in the energy sector, revealing that Iraq
Iraqi Oil Exports to the United States: January 2025 Overview The latest data from the Statistics Office indicates that Iraqi oil exports to the United States totaled over $400 million
Economy News - Baghdad On Tuesday, the Cabinet made a significant decision to initiate the first phase of the Maysan refinery development project. According to a statement from the Prime
The Influential Economics of Oil: Who is Mahmoud al-Jubouri, Also Known as "Al-Akraa"? Mahmoud al-Jubouri, commonly referred to as "Al-Akraa," plays a pivotal role in shaping the economic landscape of
OPEC+ Coalition Increases Iraq's Oil Production Quota The "OPEC+" coalition has reached an agreement to elevate Iraq's oil production share to 4.11 million barrels per day by the end of
Oil prices experienced a continued decline on Tuesday, following US President Donald Trump's suspension of military aid to Ukraine. This shift comes amid preparations for the implementation of American tariffs
Exploration of Iraqi Oil Transportation to Egypt for Refinement The Iraqi government has initiated discussions regarding the potential transportation of crude oil to Egyptian refineries. This significant move could enhance
Economic Update - Baghdad The Basra Oil Company is on the verge of initiating significant projects aimed at enhancing the country's energy export capacity, with plans to increase exports through