EghtesadOnline: Iraqi Oil Minister Jabar Ali al-Luaibi said on Saturday the market is a decisive factor in deciding whether to extend into the second half of this year a global agreement on reducing oil output.
EghtesadOnline: Negotiations are underway with Iraq to develop three joint oilfields together. Oil Minister Bijan Namdar Zanganeh said on Tuesday.
EghtesadOnline: India's oil imports from Iran rose nearly 17 percent in February from a month earlier as refiners received less crude from key OPEC producers Saudi Arabia and Iraq after an OPEC deal to cut output, Reuters reported.
EghtesadOnline: OPEC will increase its production capacity by about twice as much as previously thought, led by expansion in Iran and Iraq, the International Energy Agency said.
EghtesadOnline: The U.S. military is "not in Iraq to seize anybody's oil", Defense Secretary Jim Mattis said, distancing himself from remarks by President Donald Trump, as he held talks with Iraqi leaders on Monday.
EghtesadOnline: Iraq’s oil exports are poised to decline to a seven-month low in March as ongoing maintenance at some of its biggest fields coincides with a seasonal slump in shipments, potentially helping the country to meet a pledge to OPEC that it would restrict crude supply.
EghtesadOnline: Iraq's oil is the property of Iraqis, the country's Prime Minister Haider al-Abadi said on Tuesday, in reaction to US President Donald Trump who argued that the United States should have taken possession of the nation's crude reserves.
EghtesadOnline: Oil advanced to trade near $53 a barrel as Iraq said it’s close to implementing its share of pledged output curbs agreed with OPEC to trim bloated global inventories and stabilize the market.
EghtesadOnline: The Kurdistan Regional Government in Iraq is close to resuming regular monthly payments to international oil companies as the rally in crude prices replenishes the region’s depleted treasury, according to people familiar with the matter.
EghtesadOnline: Iraq’s oil exports from its southern ports in the Persian Gulf reached a record high in December, just before the country was due to join other major producers in cutting output to help curb a global oversupply.