December 2, 2023

Iraq surpasses Saudi Arabia and is ranked third among America’s largest oil exporters

Shafaq News/ The US Energy Information Administration announced on Saturday that Iraq’s oil exports to America rose during the past week. An administration table, seen by Shafa… Read Full Article

December 1, 2023

Due to the OPEC+ production cut, oil prices are expected to exceed $100 per barrel next year

The American network “CNBC” expected, in a report issued on Friday, that oil prices would exceed $100 per barrel next year as a result of the commitment of some oil producers in the “… Read Full Article

November 22, 2023

Iraqi Oil suspends cash handling at all gas stations in early 2024

Shafaq News/ The Iraqi Ministry of Oil announced, on Wednesday, that the Petroleum Products Distribution Company will adopt electronic payment systems at all gas stations, sta… Read Full Article

November 14, 2023

Within 6 months… Iraq’s exports of oil and its products to America exceeded 60 million barrels

Shafaq News/ The US Energy Information Administration announced on Tuesday that crude oil exports to the United States amounted to more than 60 million barrels during six months… Read Full Article

November 7, 2023

Iraq exports 84 million barrels of oil to America within 8 months

Shafaq News/ The US Energy Information Administration confirmed today, Tuesday, that Iraq’s oil exports to America amounted to about 84 million barrels during eight months of 2… Read Full Article

November 4, 2023

Iraq surpasses Saudi Arabia and is ranked third among the largest oil exporters to America

Shafaq News/ The US Energy Information Administration announced on Saturday that Iraq’s oil exports to America rose during the past week. The administration’s latest table, se… Read Full Article

October 29, 2023

Energy & precious metals – weekly review and outlook

Fear across global markets is expected to hit fever pitch in the coming week, with stock markets likely tanking and favorite commodity plays oil and gold rising, as Israel enters t… Read Full Article

October 25, 2023

Iraq achieved more than $9 billion in financial revenues from the sale of oil during the month of September

Shafaq News/ The Ministry of Oil announced, on Wednesday, the total oil exports and revenues achieved for last September, which exceeded 9 billion US dollars. According to the fi… Read Full Article

October 19, 2023

The Oil Industry Just Changed Forever, BRICS Does The Unexpected!

Tech Revolution: 10-19-2023 If you’ve been following the world of powerful economies, then you’ve probably heard of the BRICS group. That’s the power-pac… Read Full Article

October 17, 2023

Oilprice

Saudi Aramco: The World Needs To Cut Emissions, Not Oil Production… Read Full Article

October 15, 2023

Saleh: The economic reform law is an integral element to promote wealth produced from outside oil wealth

{Economic: Al-Furat News} The financial and economic adviser to Prime Minister Mazhar Mohammed Saleh explained on Sunday that the issuance of the economic reform law is an integ… Read Full Article

October 13, 2023

Iraq increases the rate of oil production to 65 thousand barrels per day within a month

Shafaq News/ The Organization of Petroleum Exporting Countries (OPEC) reported on Friday that Iraq increased its production rate of crude oil to 65 thousand barrels per day duri… Read Full Article

October 7, 2023

The Central Bank of Iraq denies the US Federal Reserve’s refusal to send the country’s oil dues

Shafaq News/ The Central Bank of Iraq confirmed on Friday that the dollar shipments sent by the US Federal Bank are proceeding according to a specific schedule and timings agreed u… Read Full Article

October 4, 2023

Oil falls more than $3 on demand fears, Saudi confirms cuts to year-end

By Robert Harvey LONDON (Reuters) -Oil fell by over $3 a barrel on Wednesday, as demand fears stemming from macroeconomic headwinds offset pledges by Saudi Arabia and Russia to co… Read Full Article

October 2, 2023

Oil prices fall 2% to 3-week low on strong US dollar, profit taking

By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% on Monday to a three-week low as a higher-priced Brent contract expired, the U.S. dollar strengthened and traders t… Read Full Article

October 1, 2023

Sudanese issues 3 important directives regarding developing the oil sector

{Economic: Al-Furat News} Today, Sunday, Prime Minister Muhammad Shiaa Al-Sudani chaired a regular meeting to follow up on projects and plans for developing the oil sector, in t… Read Full Article

October 1, 2023

Sudanese calls on oil companies to invest in Iraq

Information / Baghdad.. Prime Minister Muhammad Shiaa Al-Sudani stressed today, Sunday, the necessity of completing expansion and maintenance projects for Iraqi oil ports. A… Read Full Article

September 28, 2023

Iraq: Oil licensing packages after 2003 generated nearly a trillion dollars

Shafaq News/ The Iraqi Ministry of Oil announced on Wednesday that the rounds of oil licenses after 2003 generated nearly one trillion dollars in financial revenues for the state… Read Full Article

September 19, 2023

A barrel of oil exceeds $95

Economy News – Baghdad Oil prices rose by more than one percent, on Tuesday, to reach the highest level in 10 months, after weak shale oil production in the United States raised more… Read Full Article

September 19, 2023

Oil prices hit 10-month highs on mounting supply concerns

(Reuters) -Oil prices rose to 10-month highs on Tuesday as weak U.S. shale output compounded supply concerns from extended production cuts by Saudi Arabia and Russia. Global ben… Read Full Article

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