News list for " Iraq"
According to the survey, OPEC crude oil production rose to its highest level in more than a year, driven by increased production in Iraq, Venezuela and the United Arab Emirates.
Iraq will export 185,000 barrels of oil per day from fields in the Kurdish region through the Iraq-Turkey pipeline and gradually increase it to 400,000 barrels per day once oil delivery resumes, Deputy Oil Minister Basm Mohammed said on Sunday. Basm revealed no specific timetable but expected Turkey to respond within 24 hours. Basm said the Kurdistan region's oilfields have a capacity of 300,000 barrels per day, some of which will be used domestically, and the remaining 185,000 barrels per day w...
Market news: Iraqi officials say there are reports that Iraq will face U.S. sanctions if oil exports from the Kurdish region are not resumed, which Iraq denies.
The US government has demanded that Iraq resume oil exports from the Kurdish region as soon as possible or face sanctions along with Iran.
Iraq's national oil marketing organization SOMO: Iraq will sell Basra Intermediate crude oil to Asia in January next year at an official price of $0.60/barrel below the average price in Oman/Dubai.
SOMO, Iraq's national oil marketing organization, set the official price of Basra intermediate crude oil sold to North and South America in December at a discount of $1.10 per barrel to Argus sour crude oil.
On November 3rd, local time on November 3rd, according to a statement issued by the Iraqi militia "Islamic Resistance Organization", the group launched drone attacks on Israeli targets in the Israeli-occupied Golan Heights and the Jordan Valley on the same day. The Israel Defense Forces said earlier on the 3rd that a drone was detected entering the southern Golan Heights under Israeli control that morning, and air defense sirens sounded in many local towns. The Israeli army said that the drone i...
The statement showed that Iraq confirmed that it has reduced oil production to 3.30 million barrels per day in accordance with its commitment to OPEC + voluntary production cuts.
The Iraqi Ministry of Petroleum: This production cut will continue in the coming months.
On October 26th, it was learned in the early morning of the 26th local time that six explosions were heard in Tikrit, the capital of Salah al-Din province in Iraq, and in towns such as Samarra and Doyle.
On September 6, according to multiple sources, the United States and Iraq have reached a consensus on a plan for the withdrawal of US-led coalition forces from Iraq, but final approval and an announcement date from both governments are still required. The agreement, which is likely to be announced this month, will see hundreds of troops withdrawn by September 2025 and the rest by the end of 2026. The United States and Iraq are also seeking to establish a new advisory relationship, with some US t...
Market news: Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman have decided to extend their voluntary production cuts.
The Prime Minister of Iraq, during his meeting with the Secretary-General of OPEC, stressed Iraq's commitment to comply with the OPEC countries' oil output policy plans or plans established within the framework of the OPEC + agreement.
The criminal gang "Tren De Aragua", which originated in Venezuela, has been listed by the US Treasury's Office of Foreign Assets Control (OFAC) as a multinational organization engaged in illegal activities such as kidnapping, human trafficking, and extortion. The US Treasury also said that the group used cryptocurrencies to some extent to whitewash its criminal activities.
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