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 US sanctions on Iran and a commitment to compensate for overproduction by Iraq ...

The post Does Trump Want Lower Gas Prices or Oil Sanctions on Iran? appeared first on Reason.com.

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 ...

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

Iraq’s oil minister said he’s hoping crude oil exports from the country’s northern Kurdistan region will restart in two days ...

Tankers will soon be lifting Iraqi crude exports from the Turkish Mediterranean port of Ceyhan after the Middle Eastern ...

The U.N. human rights chief on Monday warned that a system of global protections built in the decades after World War Two has never before been under so much strain, calling for an effort to reinforce ...

Crude oil traders are reducing their long positions on WTI contracts due to potential peace talks in Ukraine, the resumption ...