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Oil prices experienced a decline on Thursday, following analysts' adjustments to their global oil demand forecasts for 2026. This revision was attributed to ongoing disruptions stemming from the Middl...
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A major Russian oil refinery ceased operations today, Thursday, for a period that could extend up to six months, following a long-range Ukrainian attack targeting the facility. The shutdown of this re...
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Oil prices rose on Wednesday, driven by increasing doubts over a potential US-Iran agreement and attacks targeting two vessels. These developments heightened concerns about Middle East supply disrupti...
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The International Energy Agency (IEA), in its latest monthly report, projected a decline in global oil supply by 4.3 million barrels per day (bpd) during 2026, reaching 102 million bpd. These forecast...
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US Energy Secretary Chris Wright announced Tuesday a significant volume of oil flowed from the Arabian Gulf last Sunday. He clarified this quantity surpassed the prevailing average prior to the recent...
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Oil flows from the Middle East continue through the Strait of Hormuz, despite escalating attacks in the region. The sustained exports rely on ship-to-ship transfers conducted outside the Strait's imme...
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Local markets today, Tuesday, saw the release of US Dollar exchange rates against the Iraqi Dinar. Selling rates stood at 153,750 IQD per 100 USD. Buying rates were recorded at 152,750 IQD per 100 USD...
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Oil prices stabilized on Tuesday, maintaining their highest levels in over a week, amidst fading hopes for a US-Iran agreement to end the conflict and reopen the Strait of Hormuz. This development fol...
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The General Company for Land Transport commenced on Tuesday transporting 33,000 tons of local wheat across two main axes. Mortada Al-Shahmani, Director-General of the company, stated that the company'...
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The Ministry of Labour and Social Affairs has revealed a government initiative to increase the financial allocation designated for beneficiaries of the disabled companion's salary. This anticipated in...
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