Iraq Oil
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Explained: How US Controls Iraq's Oil Revenues
Oil is Iraq's most important revenue source, making up about 90% of the state budget. This gives Washington significant sway over the country's economic and political stability.
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India's Iraqi Oil Imports Plunge To 20 Month-Low: Report
India's oil imports from Iraq plunged to a 20-month low in October as refiners continued to buy discounted Russian barrels and boosted purchases of West African crude.
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Iraq Unrest May Lead to $15-20 Rise in Oil Price in 2 Months: Exporters Body
The Federation of Indian Export Organisations (FIEO) on Wednesday said the unabated turmoil in Iraq may lead to a spike in oil prices by $15 to 20 a barrel in the next couple of months, adding to inflation woes and jacking up India's oil import bill.
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Brent Drops Below $114, Iraq Oil Data Eases Supply Worries
Exports from Iraq's southern terminals averaged 2.53 million barrels per day (bpd) up to June 21, according to shipping data and Reuters sources, even as Sunni Islamist insurgents have captured swathes of territory in northwest and central Iraq.
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India's Iraqi Oil Imports Plunge To 20 Month-Low: Report
India's oil imports from Iraq plunged to a 20-month low in October as refiners continued to buy discounted Russian barrels and boosted purchases of West African crude.
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Iraqi Kurdish Leader Says Rejects Federal Court Oil And Gas Ruling
Iraq's federal court has deemed an oil and gas law regulating the oil industry in Iraqi Kurdistan unconstitutional and demanded that Kurdish authorities hand over their crude supplies.
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Cornered by Iran Sanctions, Turkey Eyes Iraqi Oil, Sources Say
Turkey could consider oil imports from Iraq’s port of Basra and may also try to secure more shipments via existing pipeline.
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Iraq Exported Most Crude Oil Since November 2016 This Month
OPEC and partners agreed to increase output by about 1 million barrels a day in a meet held last month.
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US 'Not In Iraq To Seize Anybody's Oil', Says Defense Secretary James Mattis
The United States is not about to plunder Iraq's petroleum reserves, Defence Secretary Jim Mattis, who arrived in Baghdad on Monday, said as he sought to soothe partners rattled by remarks President Donald Trump made.
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Iraq Wants Crude Price Around $65 A Barrel, Says Country's Oil Minister
The Iraqi oil ministry said on Tuesday that it had cut its production by 160,000 barrels per day since the beginning of January. By the end of the month, production would be cut by 210,000 bpd, it said.
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Iraq, Not Saudi Arabia, Is India's Top Oil Supplier
Iraq has overtaken Saudi Arabia to become India's top crude oil supplier while Iran has grabbed the fourth biggest exporter slot post lifting of sanctions.
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Oil Falls 3% on Swelling Oversupply
Oil prices fell 3 per cent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market, wiping out much of the gains made in one of the biggest-ever daily rallies last week.
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Islamic State Says It Shot Down Iraqi Fighter Plane
Islamic State said on Thursday it had shot down an Iraqi fighter plane north of the city of Ramadi in Anbar Province.
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Militants Make Renewed Push for Main Iraq Refinery
Militants have launched a renewed push to seize Iraq's main oil refinery north of Baghdad, battling security forces backed by air support, a police officer and witnesses said on Sunday.
-
Brent Drops Below $114, Iraq Oil Data Eases Supply Worries
Exports from Iraq's southern terminals averaged 2.53 million barrels per day (bpd) up to June 21, according to shipping data and Reuters sources, even as Sunni Islamist insurgents have captured swathes of territory in northwest and central Iraq.
-
Explained: How US Controls Iraq's Oil Revenues
Oil is Iraq's most important revenue source, making up about 90% of the state budget. This gives Washington significant sway over the country's economic and political stability.
-
India's Iraqi Oil Imports Plunge To 20 Month-Low: Report
India's oil imports from Iraq plunged to a 20-month low in October as refiners continued to buy discounted Russian barrels and boosted purchases of West African crude.
-
Iraq Unrest May Lead to $15-20 Rise in Oil Price in 2 Months: Exporters Body
The Federation of Indian Export Organisations (FIEO) on Wednesday said the unabated turmoil in Iraq may lead to a spike in oil prices by $15 to 20 a barrel in the next couple of months, adding to inflation woes and jacking up India's oil import bill.
-
Brent Drops Below $114, Iraq Oil Data Eases Supply Worries
Exports from Iraq's southern terminals averaged 2.53 million barrels per day (bpd) up to June 21, according to shipping data and Reuters sources, even as Sunni Islamist insurgents have captured swathes of territory in northwest and central Iraq.
-
India's Iraqi Oil Imports Plunge To 20 Month-Low: Report
India's oil imports from Iraq plunged to a 20-month low in October as refiners continued to buy discounted Russian barrels and boosted purchases of West African crude.
-
Iraqi Kurdish Leader Says Rejects Federal Court Oil And Gas Ruling
Iraq's federal court has deemed an oil and gas law regulating the oil industry in Iraqi Kurdistan unconstitutional and demanded that Kurdish authorities hand over their crude supplies.
-
Cornered by Iran Sanctions, Turkey Eyes Iraqi Oil, Sources Say
Turkey could consider oil imports from Iraq’s port of Basra and may also try to secure more shipments via existing pipeline.
-
Iraq Exported Most Crude Oil Since November 2016 This Month
OPEC and partners agreed to increase output by about 1 million barrels a day in a meet held last month.
-
US 'Not In Iraq To Seize Anybody's Oil', Says Defense Secretary James Mattis
The United States is not about to plunder Iraq's petroleum reserves, Defence Secretary Jim Mattis, who arrived in Baghdad on Monday, said as he sought to soothe partners rattled by remarks President Donald Trump made.
-
Iraq Wants Crude Price Around $65 A Barrel, Says Country's Oil Minister
The Iraqi oil ministry said on Tuesday that it had cut its production by 160,000 barrels per day since the beginning of January. By the end of the month, production would be cut by 210,000 bpd, it said.
-
Iraq, Not Saudi Arabia, Is India's Top Oil Supplier
Iraq has overtaken Saudi Arabia to become India's top crude oil supplier while Iran has grabbed the fourth biggest exporter slot post lifting of sanctions.
-
Oil Falls 3% on Swelling Oversupply
Oil prices fell 3 per cent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market, wiping out much of the gains made in one of the biggest-ever daily rallies last week.
-
Islamic State Says It Shot Down Iraqi Fighter Plane
Islamic State said on Thursday it had shot down an Iraqi fighter plane north of the city of Ramadi in Anbar Province.
-
Militants Make Renewed Push for Main Iraq Refinery
Militants have launched a renewed push to seize Iraq's main oil refinery north of Baghdad, battling security forces backed by air support, a police officer and witnesses said on Sunday.
-
Brent Drops Below $114, Iraq Oil Data Eases Supply Worries
Exports from Iraq's southern terminals averaged 2.53 million barrels per day (bpd) up to June 21, according to shipping data and Reuters sources, even as Sunni Islamist insurgents have captured swathes of territory in northwest and central Iraq.
