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

The sanctions, announced by the Treasury Department, aim to intensify economic pressure on Iran by targeting over 30 entities and individuals involved in the country's oil supply chain, including ...

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 ...

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

WTI crude oil (CLJ25) on Monday closed up +0.30 (+0.43%), and April RBOB gasoline (RBJ25) closed down -0.0085 (-0.38%). Crude ...

The Trump administration’s math on Middle Eastern energy supplies just doesn’t add up. The law of supply and demand is the ...

This marks a significant step towards resolving the nearly two-year dispute that disrupted crude flows between Baghdad and ...

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.

"With 185,000 barrels per day expected to flow through the Iraq-Turkey pipeline, crude volumes available on the market could increase, weighing on prices in the short term. The supply increases come ...

Explore how the oil market is under pressure from higher oil volumes risks affecting prices and market stability.

Iraqi crude is expected to start flowing to the Turkish Mediterranean port of Ceyhan, after the Baghdad government said it ...