Iraq has followed Saudi Arabia in raising official selling prices for Asian buyers for March.The Basrah Medium OSP to Asia is up $2.6/bbl to a $2.65/bbl premium to the Oman/Dubai average for March.The ...

By Editorial Iraq’s North Oil Co. (NOC) has recommenced production from 35 wells in the Kirkuk region as part of a strategic ...

Oil rose in early trade after the U.S. imposed sanctions on an international network facilitating the shipment of Iranian crude to China.

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

Despite US president Donald Trump's efforts to ease regulations of the oil and gas industry, the challenge of balancing ...

Iraq's parliament passed a plan to boost payments to oil companies in Kurdistan, a step toward resuming exports from the area ...

"Parliament's approval is very significant to resolve oil dispute between Baghdad and Erbil and it will help expedite the ...

Oil prices have remained relatively rangebound following Trump's first week in office despite a significant amount of media ...

Oil output at Iraq’s giant Rumaila field remains reduced ... with Brent crudes little changed near $78 a barrel in London on Monday, after retreating 2.8% last week. Traders are focused instead ...

MOSCOW (Reuters) - Oil production in Kazakhstan reached a daily ... subject to output targets as a member of OPEC+, an alliance of OPEC and other top producers led by Russia OPEC+ has named top 10 ...

Baghdad (IraqiNews.com) – The largest oil field in Iraq has seen a daily production decline of ... data showed that output from Iraq’s Rumaila oilfield decreased by 300,000 barrels per day ...