26 C
بغداد
Sunday, December 17, 2017

Oil rises and growing US production curb gains

Oil prices rose Monday at a time when crude oil shipments fell from Saudi Arabia, OPEC's largest exporter to 8.014 million barrels a day...

US Defense Secretary: We are not in Iraq for oil

US Secretary of Defense Jim Mathis said, before reaching Baghdad on an unannounced visit before, on Monday, the US military is not in Iraq...

The price of oil rises, but increasing the number of drilling rigs in the...

Oil prices rose, but gains were as little as possible with investors assess whether increasing the number of drilling rigs in the United States...

Height of Iraq’s oil reserves to 153 billion

oil minister, Jabbar Luaibi, announced on Sunday that Iraq ‘s oil reserves rise to 153 billion barrels , compared to previous estimates at 143...

Well 77 in Qayyarah field was extinguished by the declaration of the Ministry of...

The Oil Ministry announced on Saturday, for extinguishing Well No. 77 in Qayyarah field in Nineveh province. Ministry spokesman Assem Jihad said in a statement...

Oil prices continue to rise

Oil prices rose yesterday supported by the report that the Organization of Petroleum Exporting Countries (OPEC) production cuts may be extended, which aims to...

“CAR” refinery immediate refines of 40 thousand barrels per day

Iraqi Oil Minister Jabbar al-Li'aibi announced that 40.000 barrels of crude oil shall be refined in the Kurdish CAR refinery in Arbil. The refining shall...

OPEC: Oil investments fell of $ 300 billion .. We need an investment of...

The concerted efforts by both OPEC and non-OPEC producers to support the oil prices are already having a positive impact on the market, said...

Iraq announces work on building a large fleet of oil tankers

Oil Minister Ali Jabbar Allaibi the need to enhance the work of the Iraqi Tanker Company and commensurate with the achievements at the level...

OPEC could extend or deepen supply cut if oil glut persists: sources

OPEC could extend its oil supply-reduction pact with non-members or even apply deeper cuts from July if global crude inventories fail to drop to...