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بغداد
Wednesday, February 21, 2018

Oil falls on rise in U.S. drilling

Oil prices fell on Monday in response to growing evidence that U.S. production is rising, but losses were capped by official OPEC production figures...

Iraq expects full implementation of OPEC agreement

Iraq increased its forecast full and serious commitment to the oil-producing countries to reduce production to support oil prices in the global market after...

Oil companies receive $ 15 million from the Government of Kurdistan

Gulf Keystone , the company said on Monday it had received payments of $ 15 million from the government of the Kurdistan region in...

UAE says expects higher compliance with OPEC, non-OPEC deal

Compliance with a global supply cut deal by OPEC and non-OPEC oil producers has been high in January and that level of commitment is...

Masum receives an invitation to attend a summit of Petroleum Exporting Countries in Caracas

President Fuad Masum received yesterday an official invitation of Venezuelan President Nicolas Maduro Mros to attend the leaders of the Petroleum Exporting Countries meeting...

OPEC figures show over 90 percent compliance with supply cut:

Exporting Countries (OPEC) has attained over 90 per cent compliance by its members to the cartel’s output cuts pledged in January, according to figures...

Maasum calls to provide fuel for Kurdistan to produce electrical energy

President Fuad Masum, called the Oil Ministry to develop a cooperation relations and joint productivity plans especially in the field of advanced oil industries...

Iraq raises Basrah light and heavy crude for Asia

State Oil Marketing Company (SOMO) said on Thursday that Iraq has raised the official selling price of Basra Light crude to Asia in March,...