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Home » oil » Page 3

oil

August 8, 2023

Oil and food prices are rising, and so are wages. Inflation isn’t beaten yet

The fight against the steep price rises unleashed by the pandemic and war in Ukraine has been long and painful, with central banks hiking interest rates at a scorching pace […]

August 8, 2023

Oil prices fall sharply after weak Chinese trade data

Crude oil prices fell Tuesday after weak trade data from China pointed to a sluggish post-COVID rebound for the world’s largest oil importer. By 09:50 ET (13.50 GMT), the U.S. crude futures […]

August 8, 2023

Oil prices fall sharply after weak Chinese trade data

Crude oil prices fell Tuesday after weak trade data from China pointed to a sluggish post-COVID rebound for the world’s largest oil importer. By 09:50 ET (13.50 GMT), the U.S. crude futures […]

August 7, 2023

Goldman Sachs’ Jeff Currie, who predicted commodities supercycle, to retire

NEW YORK (Reuters) -Goldman Sachs’ global head of commodities research Jeff Currie, a prominent analyst who accurately predicted a surge in commodity prices in the 2000s, is retiring, according to […]

August 7, 2023

Oil prices recoup some losses after earlier drop

By Erwin Seba HOUSTON (Reuters) -Oil prices settled down 1% on Monday, after six straight weekly gains, as investors braced for weaker demand from China and the United States, the […]

August 6, 2023

Energy & precious metals – weekly review and outlook

 There are four more weeks to this year’s Labor Day – the timeline typically used to ascertain the peak for summer oil demand; typically, because oil demand itself is so […]

August 4, 2023

Oil rises for 6th straight week as global supplies tighten

By Shariq Khan (Reuters) -Oil prices rose more than a dollar a barrel on Friday to record a sixth consecutive week of gains, after top producers Saudi Arabia and Russia […]

August 1, 2023

Kurdistan IOCs push for Reopening of Oil Pipeline

By John Lee. The Association of the Petroleum Industry of Kurdistan (APIKUR) has said that spending on the oil industry in Iraqi Kurdistan has been cut by $400 million as a result […]

July 20, 2023

Chinese Firm signs $390m Drilling Contract at Rumaila

By John Lee. China’s Zhongman Petroleum and Natural Gas Group Corporation (ZPEC) has signed a major drilling engineering service contract for Iraq’s giant Rumaila oilfield. The contract was signed on Sunday with the Basra Energy […]

July 20, 2023

Oil Minister: Iraq welcomes Saudi companies

Baghdad-INA   Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani confirmed today, Wednesday, that Iraq welcomes Saudi companies. A statement by the ministry, reported by the […]

July 20, 2023

Oil: Total projects will be completed in 2028 and 2029

Baghdad-INA The Ministry of Oil announced on Sunday, in detail the four projects whose contracts were recently signed with the French company Total, and while it confirmed that it will […]

July 15, 2023

Oil prices up on tighter supply, lower US inflation

INA-  sources  Oil prices rose on Friday on support from tighter supply amid issues in Libya and Nigeria and easing U.S. inflation, which markets hope may bring an end to […]

July 13, 2023

KRG achieves surpasses $2 Billion in Q1 2023 oil revenues

The Kurdistan Regional Government (KRG) announced on Thursday that it has generated over $2 billion in financial revenues from crude oil sales during the first quarter of 2023. The government […]

July 13, 2023

Iraqi Cabinet Approves Italian Firm for Nasiriyah Gas Project

The Iraqi Cabinet has approved a recommendation from the Ministerial Energy Council directing the Ministry of Oil’s Dhi Qar Oil Company (DQOC) to invite the Italian company Progetti Europa & […]

July 13, 2023

Iraq approves Third Offshore Oil Pipeline for $416.9m

The Iraqi Cabinet has approved the recommendation of the Energy Ministerial Council for the construction of a third offshore oil export pipeline. The 48-inch pipeline will have a capacity of […]

July 6, 2023

Iraqi Oil Minister: Our gas reserves are 133 trillion cubic feet and we aspire to achieve self-sufficiency

Iraqi Oil Minister Hayyan Abdul Ghani confirmed on Thursday that the ministry is working to achieve self-sufficiency in gas during the next five years, referring to the launch of two […]

July 2, 2023

With Iraq’s New Budget, Baghdad “goes after Kurdish Oil”

By Joseph Daher for The New Arab. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. With Iraq’s new budget, […]

July 2, 2023

Iraq achieves more than $7 billion in financial revenue from oil sales during June

The Ministry of Oil announced, on Saturday, the total exports and revenues achieved from crude sales for the month of June, according to the preliminary statistics issued by the national […]

April 18, 2023

BP oil company and US bank expect oil prices to rise

The global oil market is likely to narrow in the second half of 2023 after OPEC+’s recent decision to cut oil production, Spencer Dale, chief economist at British oil company […]

April 17, 2023

A proposal to list oil, gold and foreign companies in the Iraqi Stock Exchange

The head of the Iraq Stock Exchange Investors Association, Alaa Al-Moussawi, said on Sunday that the market’s management is making great efforts in training its members and listed companies in […]

April 17, 2023

Al-Sudani meets with parliamentary oil and confirms Iraq’s quest to enter the global gas markets

Prime Minister Mohammed Shiaa Al-Sudani discussed, on Monday, during his meeting with the Parliamentary Oil, Gas and Natural Resources Committee, the government’s plans to develop the oil industry. Al-Sudani Media […]

April 11, 2023

Iraq’s Growth highest of ‘Developing Oil Exporters’ – World Bank

The World Bank has said it predicts real GDP growth for Iraq of 2.8 percent this year and 4.4 percent in 2024, following an estimated growth of 7.9 percent in […]

April 11, 2023

IMF cuts forecast for average oil prices to $69 a barrel for next year

The International Monetary Fund on Tuesday cut its forecast for global growth in 2023 from 2.9 to 2.8 percent. The useful abbreviation. In the important news, you find it on […]

Private Sector – Oil & Gas Deal – World – Think

April 7, 2023
Private Sector - Oil & Gas Deal - World - Think
Militia Man
February 28, 2023

Iraq’s oil revenues in January exceed 7.66 billion USD

Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil announced on Monday that oil export revenues for January exceeded 7.66 billion USD, according to the Oil Ministry statement cited by the […]

Iraq News Iraq Signing New Oil and Gas Deals How This Affects IQD Investors

February 28, 2023
Iraq News Iraq Signing New Oil and Gas Deals How This Affects IQD Investors
Edu Matrix
February 23, 2023

JOTIAR ADIL: KRG DELEGATION TO MEET WITH OIL MINISTRY IN BAGHDAD

SULAIMANI — The Kurdistan Regional Government (KRG) Spokesperson Jotiar Adil said the KRG seeks a real partnership with Iraq and wants to come to an agreement on the issues of […]

January 29, 2023

Awake – In 3D As West, Debt and Stocks Implode- East, Gold and Oil Explode

Awake-in-3D RV/GCR Update:   As West, Debt, and Stocks Implode; East, Gold, and Oil Explode   How long can this global financial and geopolitical game continue? All players know a […]

Iraq to Offer Investment in Its Oil Industry Membership Video Example #iraqidinar #investment

January 15, 2023
Iraq to Offer Investment in Its Oil Industry Membership Video Example #iraqidinar #investment
Edu Matrix
January 13, 2023

Oil heads for solid weekly gain on China demand hopes

Oil prices slipped in early trade on Friday but were on track for gains of more than 6% for the week on solid signs of demand growth in top crude-oil […]

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