DUBAI/BAGHDAD: Iraq reaffirmed its commitment to the OPEC+ agreement on Monday and said it would present an updated plan to ...

By John Lee. The Iraqi Ministry of Oil has reaffirmed its full commitment to the OPEC+ production agreement, including additional voluntary cuts and compensation for excess production. In a statemet ...

OPEC+ is expected to revive some curtailed crude production in April following US President Donald Trump’s appeals to the ...

Oil prices settled higher on Monday as fresh U.S. sanctions on Iran and a commitment to compensate for overproduction by Iraq ...

According to its latest market outlook, Wood Mackenzie projects that Brent crude oil prices will average $73.00 per barrel ...

Oil prices edged higher on Monday as fresh U.S. sanctions on Iran and a commitment to compensate for overproduction by Iraq ...

Palm Oil Ends Lower, Tracking Losses in Rival Oils -- Market Talk 1014 GMT - Palm oil ends lower, following losses in rival oils. Soybean oil dropped last Friday on the Chicago Board of trade, while ...

FUEL prices increased for the second week as a global oil supply shortage looms following a Ukraine drone strike on a Russian ...

Iraq has reaffirmed its commitment to the OPEC+ agreement, even as the resumption of oil exports from Kurdistan appears ...

U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran.

OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and ...

Iraq is waiting for Türkiye's approval to restart the oil flows from the Kurdistan Regional Government (KRG) in northern Iraq ...