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 Decline Amidst Changes in Aid to Ukraine, Customs Duties, and OPEC+ Production Increase Oil prices have recently experienced a downward trend, primarily driven by several factors including the
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
Economic Update: Oil Prices and OPEC+ Production Plans Oil prices experienced a downturn on Monday following reports that the OPEC+ coalition plans to proceed with an increase in oil production
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
Economy News - Baghdad The US Energy Information Administration has reported that Iraq exported over 200,000 barrels of oil to the United States in the past week. According to data
Rejection of U.S. Influence in Iraq's Oil Sector In a recent declaration, Muhammad Al-Saheed, representative of the coordination framework, categorically rejected any U.S. attempts to exert control over Iraq’s oil
Iraqi Oil Minister Confirms Oil Export Agreement with Kurdistan Region Iraqi Oil Minister Hayan Abdul Ghani has announced that the State Oil Marketing Organization (SOMO) has entered into a contract
Iraqi Oil Prices Experience Significant Decline Amid Global Market Fluctuations On February 27, 2025, Iraqi oil prices saw a notable downturn in trading activity within the global market. Data indicates
Iraq's Oil Ministry Confirms Compliance with OPEC+ Agreement In a recent statement, the Iraqi Ministry of Oil reaffirmed its commitment to the OPEC+ agreement, confirming an output of 4 million