Iraq is committed to the OPEC+ output cuts and will only boost its future crude production if there is demand from international oil markets, a deputy oil minister told the Continue Reading
Iraq needs crude oil to trade at $80 a barrel to be able to plug its budget holes, according to oil minister Ihsan Abdul Jabbar Ismail. In an interview with Continue Reading
Iraq plans to ramp up its refining capacity by more than 80,000 b/d in 2021, oil minister Ihsan Ismaael said Feb. 8, as OPEC’s second largest producer seeks to lower Continue Reading
The new Biden Administration has largely been focused on fulfilling its election promises in its first month in power. After reversing an extensive list of Trump policies via executive orders, Continue Reading
Iraq’s nationwide oil exports declined slightly from 3.304 million barrels per day (bpd) in December to 3.266 million bpd in January, according to an Iraq Oil Report analysis of data Continue Reading
Iraq produced 3.807 million b/d of crude in January, including from the semi-autonomous Kurdistan region, the country’s State Oil Marketing Organization said Feb. 3, as it took criticism from an Continue Reading
Iraq’s federal oil exports in January rose 0.8% month on month amid signs OPEC’s second-largest producer continued to pump above its quota of 3.857 million b/d. Receive daily email alerts, Continue Reading
Iraq’s oil exports increased slightly in January 2021 compared to December 2020, data from the country’s oil ministry showed on Monday, suggesting that Iraq is again looking to maximize oil Continue Reading
Negotiating teams representing Iraq’s federal government and the semi-autonomous Kurdistan Regional Government meet in Baghdad to negotiate over energy and financial issues on April 19, 2020. Iraq’s semi-autonomous Kurdistan Regional Continue Reading
Iraqi Oil Minister Ihsan Ismaael has set an April deadline to resolve a long-running legal action against Turkey for enabling Kurdistan’s independent oil exports — either through a negotiated deal Continue Reading
