26 C
بغداد
Thursday, April 26, 2018

The Ministry of Oil formed a ministerial committee to manage oil activity in the...

Oil Minister Jabbar Ali al-Allaibi ordered the formation of a high-level ministerial committee to follow up and evaluate the oil activity in the province...

Iraq agrees to transfer the Iraqi-Jordanian pipeline project to the main developer

Jordanian Minister of Energy and Mineral Resources Ibrahim Saif said that the Iraqi-Jordanian oil pipeline is nearing the implementation stage, stressing its importance in...

Masoum stresses the importance of the exchange of experts between Iraq and Algeria to...

The President of the Republic Fuad Masoum stressed the importance of exchanging experiences between Iraq and Algeria to support oil prices in world markets,...

Oil prices rise to $ 54 a barrel

Crude oil prices continued to rise on Monday, and Brent crude rose to $ 54 a barrel for the first time since April 18....

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...

Basra Oil: We are committed to OPEC agreement to reduce our exports

The Basra Oil Company confirmed on Saturday its ability to raise its daily oil exports, but it is committed to OPEC's decision to reduce...

Oil rises after US crude inventories fall

Oil prices rose Tuesday, after US crude inventories rose by 1.9 million barrels. US crude rose 1.45 percent, or $ 0.69, to $ 48.42 a...

Iraq exports essential engine oils to world markets after being imported

The Petroleum Products Distribution Company announced its success in exporting the essential motor oils to international markets after Iraq was imported to this material...

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...

Iraq and Saudi Arabia affirm their full commitment to the oil production reduction agreement

Oil Minister Jabbar al-Luaibi and Saudi Deputy King Mohammed bin Salman discussed the opening of land ports, direct flights and encouraging trade exchange and...