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Oil

Iraq oil exports increase by about 50%

The latest data from the International Energy Agency (IEA) showed that Iraq doubled its exports of crude oil to the United States, in return for the reduction of Saudi Arabia exports to the same side by more than half. "Iraq pumped about…

Oil prices are rising in Asia

Oil prices rose in Asia on Tuesday, while investors still rely on markets to absorb stocks and lower global supply. Light sweet crude for July delivery rose 19 cents to $ 46.27 in Asian trade. European Brent crude for August delivery rose…

Bets raise oil prices

Oil prices rose at the start of trading on Monday as futures traders bet that the market may have seen the worst after a recent record market drop even as actual markets continue to be oversupplied due to a steady increase in the number of…