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United States imports of Iraqi crude oil halted entirely last week, recording zero barrels after previously reaching 51,000 barrels per day the week prior, according to data released by the US Energy...
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Under the directives of Suq Al-Shuyoukh District Commissioner Nabil Al-Mousawi, and in close coordination with the Organized Crime Directorate in Dhi Qar alongside local merchants, a subsidized food i...
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The Ministry of Trade has initiated the direct sale of construction materials to citizens through cash purchases and an installment system. Arij Hussein Al-Jumaili, Director General of the General Com...
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The Central Bank of Iraq issued an official call on Saturday urging all traders and importers to review their accredited banks in order to finalize financial transfers due prior to October 7, 2026. An...
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Basra heavy and medium crudes concluded the week with losses, despite achieving notable gains during the final trading session. Basra heavy crude rose in the closing sessions by $3.95 per barrel to se...
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Global oil prices recorded gains exceeding three percent on Thursday, as Brent crude futures jumped by four dollars to reach one hundred four dollars and twenty cents per barrel, driven by escalating...
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The Ministry of Oil announced on Friday that the expected timeline to achieve zero gas flaring across various Iraqi fields will be by the end of 2029, clarifying that the previous deadline of late 202...
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Economic expert Nabil Al-Morsoumi provided a detailed explanation on Thursday regarding how to calculate the financial repercussions resulting from changing the dinar exchange rate. He emphasized that...
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The Central Bank of Iraq clarified on Wednesday the core drivers behind adjusting the dollar exchange rate against the Iraqi dinar, pointing out that buying foreign currency via the parallel market ai...
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The International Energy Agency has approved an accelerated timeline to draw down strategic oil stockpiles, placing top priority on diesel supplies. This step falls within the collective framework lau...
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