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German Environment Minister Carsten Schneider announced that unprecedented severe heatwaves and water scarcity are causing significant damage to the German economy, necessitating comprehensive long-te...
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Exchange rates for the US Dollar against the Iraqi Dinar showed an increase in local markets today, Saturday. The selling price for every 100 US Dollars was set at 157,250 Iraqi Dinars, with the buyin...
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Pierre-Olivier Gourinchas, Chief Economist at the International Monetary Fund (IMF), stated that withdrawals from strategic oil reserves helped prevent sharper price increases for crude oil amid the c...
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The European Union's Oil Coordination Group reported on Friday that crude oil flows have begun a slow recovery following the signing of a memorandum of understanding between the United States and Iran...
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Asian liquefied natural gas (LNG) customers of Qatar anticipate that QatarEnergy will allow its force majeure declaration to expire by mid-next month, amidst easing regional tensions and an increase i...
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The Ministry of Oil announced on Friday that the Organization of the Petroleum Exporting Countries (OPEC) has begun a gradual reinstatement of Iraq's pre-war export volumes, a move expected to boost i...
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Iraq's Ministry of Oil affirmed that the country has not proposed withdrawing from the Organization of the Petroleum Exporting Countries (OPEC), refuting recent reports about Baghdad threatening to en...
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Middle East fuel oil exports are projected to reach a four-month high in June, according to commercial sources and shipping data. This rise is attributed to Iraq and Saudi Arabia rerouting supplies to...
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India's Oil Minister, Hardeep Puri, held discussions on Thursday with his Iranian counterpart, Mohsen Pak Nejad. The talks focused on opportunities for cooperation in the energy sector. The meeting to...
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Oil prices experienced a noticeable decline on Wednesday, coinciding with the continued passage of oil tankers through the Strait of Hormuz. The decrease affected both Brent crude and US crude, with t...
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