The prices of heavy Basra crude and Mediterranean crude experienced a decline today, Wednesday, of over 1%, despite a general uptrend in global oil market prices. Specifically, the price of
Oil Prices Experience Modest Gains Amid Global Decline The price of heavy Basra crude and Mediterranean crude showed a slight uptick today, with Basra heavy crude rising by 20 cents,
Economy Update - Baghdad The US Energy Information Administration (EIA) has recently disclosed that Iraq exported over 95 million barrels of crude oil and its derivatives to the United States
Economic Insight - Baghdad Recent data from the US Energy Information Administration indicates a notable decline in Iraq's oil exports over the past week. The report highlights that US crude
Oil Prices Exceed $70 a Barrel Current Market Overview Oil prices have recently surpassed the $70 mark per barrel, reflecting significant fluctuations in the global energy market. This development is
Iraq Secures Three Major Oil Deals in February In February, Iraq successfully negotiated three significant oil agreements that underscore its commitment to enhancing its oil sector. According to a specialized
Economic Insights - Baghdad In a significant development for Iraq's oil sector, the country confirmed the acquisition of three substantial oil deals during February. As reported by a specialized energy
Decline in Basra Crude Prices as Global Oil Stabilizes On Thursday, the market observed a decrease in the prices of Basra heavy and medium crude, aligning with the stabilization of
Economic Insights - Baghdad The Oil, Energy, and Natural Resources Committee within the House of Representatives has expressed optimism regarding the imminent resumption of Iraqi oil exports via the Turkish
SOMO Oil Marketing Company Reports Significant Oil Derivatives Exports for Q4 2024 Baghdad – The SOMO Oil Marketing Company has announced that it plans to export over 4 million tons