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Prime Minister Ali Falih Al-Zaidi, on Saturday, oversaw the signing ceremony for the Ajil oilfield development and operation contract, executed between the North Oil Company and Kept Company. A statem...
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Gold prices declined in Iraqi markets on Saturday, impacting both local and imported metal varieties. A 21-carat Gulf gold mithqal was priced between 960,000 and 970,000 dinars in jewelry stores. The...
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US dollar exchange rates recorded a new surge against the Iraqi Dinar in Saturday morning trading. Selling prices at local exchange bureaus reached 156,750 dinars per 100 dollars, with the purchase pr...
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Oil prices finished the trading week with a notable increase, closing today, Friday, above $100 per barrel for the first time since mid-May. This climb underscores escalating fears of prolonged crude...
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The International Energy Agency (IEA) confirmed Friday that global oil supply and demand will decline more sharply this year than previously anticipated. The agency, part of the OECD, attributed this...
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Gold prices stabilized on Friday near their lowest levels recorded in a week, amid increasing expectations of interest rate hikes in the United States. Investors are also awaiting the release of US co...
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The monthly report by the Organization of the Petroleum Exporting Countries (OPEC), issued on Thursday, September 10, 2026, revealed an increase in "OPEC+" oil production by 297,000 barrels per day du...
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The Ministry of Transport has affirmed that Iraq's port operations were not significantly affected following an incident where a transport vessel sustained damage in the country's territorial waters....
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Basra Heavy crude rose 3.45% to $88.72 a barrel Thursday, with Basra Medium up 3.32% to $92.02. This uplift for Iraqi crudes paralleled gains across most global varieties: WTI increased 0.43% to $96.4...
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Oil prices continued their rise on Thursday, with Brent crude stabilizing above the $100 mark, following Iran's targeting of ships in the Strait of Hormuz. This Iranian response came after the United...
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