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 The agreement, which is likely to be announced this month, will see hundreds of troops withdrawn by September 2025 and the rest by the end of 2026.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.
Iraq's national oil marketing organization SOMO: Iraq has set the official price of Basra Intermediate crude oil sold to Asia in July at a premium of $0.60 per barrel over the average price in Oman/Dubai.
On June 8, local time, the reporter learned that the Iraqi militia "Iraqi Islamic Resistance Movement" claimed to fire drones into the Israeli-controlled Golan Heights in the early morning of the 8th in response to the Israeli army's attack on the Palestinian people in the Gaza Strip.
CPI may appear cooling surprise, gold waiting to overcome this strong resistance, "Wall Street god operator" high-profile singing US stocks! Iraq blatantly refuses to extend production cuts, can oil prices "talisman" still be kept?
On April 20, local time on the 20th, the Iraqi militia "Islamic Resistance" issued a statement saying that the "Islamic Resistance" carried out a drone attack on Eilat, Israel, hours after the Iraqi "Popular Mobilization Organization" military base was attacked by unknown drones.