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OPEC cuts and geopolitical tensions propel Brent crude up by over 13% in 2024; central banks face inflation challenge
23 Apr 2024 09:29 GMT
… third largest producer in the Organization of the Petroleum Exporting Countries (OPEC) cartel, which has already … Arabia, the UAE, Kuwait, Qatar, Iraq, and Iran export crude oil …
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Kurdish Media Allege OPEC Request for Resumption of Oil Exports to Turkey
23 Apr 2024 00:06 GMT
… a week after the Iraqi federal government announced it … the Iraqi Federal Oil Ministry, OPEC has requested that Iraqi Federal … appeal to the Iraqi Oil Minister”, OPEC has allegedly requested … territory.
In the meantime, Iraqi officials say the repaired …
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Iraq Says Resuming Kurdistan Oil Exports Will ‘Take Some Time’
22 Apr 2024 18:57 GMT
… longer to resume, a Iraqi government spokesman said.
Any … beneficial resolution between” Turkey, Iraq, the Kurdistan region and international … with the government of Iraq and the Kurdistan Regional … as part of an OPEC+ agreement to balance global markets …
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Iraq to convert 40% of crude exports into petroleum products
22 Apr 2024 09:02 GMT
Iraq has approved plans to set … production into export products, the OPEC producer’s Prime Minister said … said in comments published by Iraq’s media on Saturday.
He …
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Iraq mulls petrochemical plant in Egypt
22 Apr 2024 06:38 GMT
OPEC producer Iraq is considering building a petrochemical … .
The idea was unveiled by Iraqi Prime Minister Mohammed Al-Sudani … up in Egypt not Iraq,” well-known Iraqi energy expert Nabil Al … it needs such projects inside Iraq not abroad.”
(Writing by Nadim …
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Iraq mulls oil refineries in neighboring countries
21 Apr 2024 20:34 GMT
… and export the surplus, an Iraq deputy has said.
“There is … a proposal to build new Iraqi oil refineries in neighboring countries … refineries would be owned by Iraq or built as joint ventures … producers Saudi Arabia and Kuwait.
OPEC’s second largest oil producer …
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Iraq to build tourist resort at Basra Port
21 Apr 2024 06:36 GMT
Iraq has approved plans to build … and develop some of the OPEC producer’s ports as it … -Safi, information director at the Iraqi Transport Ministry.
Safi did not …
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Key Iraq-Turkey Oil Pipeline to Resume Operations Following Completion of Repairs
19 Apr 2024 19:26 GMT
Iraq, a member of the OPEC oil cartel, has completed … companies affiliated with the Iraqi Oil Ministry collaborated on … Mohammed, Undersecretary of the Iraqi Oil Ministry, told the … pumping stations, according to former Iraqi cabinet adviser Hamza Jawahri.
…
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Oil Prices Jump as Israel Attacks Iran, Syria, and Iraq
19 Apr 2024 05:11 GMT
… explosions in Iran, Syria and Iraq. Israel informed the United States … Middle East, as well as OPEC+ supply cuts. The region represents …
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OPEC+ Can Stop An Oil Rally To $100
19 Apr 2024 00:04 GMT
… Check
“It’s easier for OPEC and OPEC+ to be the 800 … barrel this summer.
When Will OPEC+ Intervene?
Oil prices will … Strategic Petroleum Reserves or key OPEC producers holding a significant … the United Arab Emirates (UAE), Iraq, and Kuwait, will deal with …