Iraq breaks export records
For the first time ever, Iraq’s export average rose above 4 million barrels per day (bpd), with increased sales by both the federal and Kurdistan governments in November.Oil Ministry spokesman Continue Reading
Iraq faces tough cuts after OPEC deal
For the first time in decades, Baghdad is confronting the fiscally and politically fraught challenge of deciding how to cut oil production, following Wednesday’s OPEC agreement. Iraq’s delegation to the Continue Reading
Iran Pulls Ahead in Race to Supply India With Oil
Iran is pulling ahead in the race for market share in the world’s fastest-growing oil consuming nation, India, weakening the hold of rival OPEC members amid the group’s struggle to Continue Reading
Shell Considering Dumping Its Iraqi Oil Fields
Iraq oil field Royal Dutch Shell is considering exiting its positions in Iraqi oil fields, according to industry sources cited by Reuters. Shell, which declined to comment, is the world’s Continue Reading
Residents of Iraq’s Mosul Fight Over Food
Residents of the Iraqi city of Mosul fought each other around trucks delivering humanitarian aid as they jostled for scant supplies on Monday, while government troops fighting to retake the Continue Reading
Iraq’s Sunni Lawmakers to Challenge Legal Recognition of Shiite Militias
Iraq’s Sunni lawmakers pledged on Sunday to challenge in court a newly passed law that formalizes the combat role of Iranian-backed Shiite militias, one of the country’s more powerful adversaries Continue Reading
Risking flames and mines, Iraq oil workers battle to cap burning wells
His face blackened and helmet coated in soot, Hussein Saleh watched the oil fields of his home town in northern Iraq burn, belching up thick smoke that blotted out the Continue Reading
Death toll in Iraq bombing claimed by IS rises to 73
AP Photo/Hadi Mizban French ‘Spider-Man’ Climbs Barcelona Skyscraper AP First Lady Accepts White House Christmas Tree AP MOSUL, Iraq (AP) — The death toll from a car bombing south of Continue Reading
Oil Falters Despite Iraq’s Promise of Production Cuts
Oil prices inched lower Wednesday with a surging dollar outweighing a public commitment from Iraq’s oil minister to cut production along with OPEC. Light, sweet crude for January delivery settled Continue Reading
Iraq willing to cut oil output in OPEC’s plan to boost prices – minister
Prime Minister Haider Al-Abadi of Iraq addresses the United Nations General Assembly in the Manhattan borough of New York, U.S., September 22, 2016. Iraq is willing to cut its crude Continue Reading