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Sunday, December 17, 2017

Egypt announces the receipt of the first shipment of Iraqi oil

Egyptian Minister of Petroleum and Mineral Resources Tariq Al-Mulla said on Thursday that his country received the first shipment of Iraqi oil and is...

Oil prices rebound above $ 47 a barrel

The price of crude oil OPEC basket rose today to over $ 47 per barrel. "The price of OPEC basket oil reached $ 47.57 per...

US stocks rose

US crude oil inventories rose last week as refinery production increased, while gasoline and distillate stocks fell, the Energy Information Administration said. Crude stocks...

Allaibi: Iraq up to 80 percent of its stake to cut production

Oil Ministry revealed the arrival of reducing Iraqi oil production rates to 80 percent of the share reduction agreement among the countries from inside...

Oil Minister: Kurdistan region is not covered by OPEC agreement

Iraqi Oil Minister Jabbar al-Luaibi said that the Kurdistan region is not covered by the OPEC agreement on reducing oil production. Allaibi said that the...

OPEC: oil stocks responds to cuts production

Mohammed Barkindo Secretary General of the Organization of Petroleum Exporting Countries (OPEC), said that the onshore and offshore oil stocks responds to production cuts...

Istanbul will host the World Petroleum Congress next July

Istanbul, Turkey, will host the 22nd edition of the World Petroleum Congress on July 9. The conference, entitled Bridges for our Future in Energy, will...

Basra oil fell 80 cents in Tuesday’s trading

Basra oil prices fell Tuesday, about 80 cents due to the continuing decline in the global market. Basra's heavy crude hit $ 56.45 a barrel,...

Iraq exports more than three million barrels of oil Tuesday

Iraq has exported more than three million barrels of oil through its southern ports, a shipping source said Tuesday. The source said that the hourly...

Al-Allaibi: Iraq agrees to Saudi Arabia’s invitation to extend the OPEC cuts 9 months

Iraqi Oil Minister Jabbar Ali al-Allaibi said on Monday that he and his Saudi counterpart Khaled al-Faleh agreed on the need for OPEC to...