Iraq Poised to Lead in Global Oil Reserves by 2025 Overview of Iraq's Oil Reserves As of 2025, Iraq is projected to retain 145 billion barrels of proven oil reserves,
Iraqi Oil Prices Decline Amid Global Market Fluctuations On Saturday, March 15, 2025, Iraqi oil prices faced a decline in the global market. As per the latest data, Basra Crude
Economy Update - Follow-up The latest monthly report from the Organization of Petroleum Exporting Countries (OPEC) indicated a rise in Iranian oil production for February; however, the prolonged high pricing
Iraqi Oil Prices Surpass $71 Per Barrel as Global Market Experiences Fluctuations Iraqi oil prices experienced a notable increase on Friday, March 14, 2025, exceeding the $71 mark in the
Economy Update - Baghdad Ali Shaddad, spokesman for the Oil, Gas and Natural Resources Committee, reported today that oil production in Maysan Governorate, located in eastern Iraq, stands at approximately
Iraq's Oil Pricing and Rankings within OPEC According to recent statistics, Iraq is positioned fifth among Arab oil-exporting countries within OPEC for the most expensive oil in February 2025. The
**Price Movements in Basra Oil** On Thursday, the prices of heavy and medium Basra crude oil witnessed an uptick, reflecting an increase in trading activity within the Portfolio market. Specifically,
Economy Update Recent data from the United States has shown a notable increase in the country's strategic reserves of crude oil, which now stand at 395.6 million barrels as of
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
In a recent update from the US Energy Information Administration (EIA), it was reported that Iraq's oil exports have experienced a significant decline over the past week. According to the