Iraq offers huge discounts for crude shipments via Hormuz
(Oil Price) – OPEC’s second-largest producer, Iraq, is offering huge discounts of up to $33.40 per barrel off the official […]
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(Oil Price) – OPEC’s second-largest producer, Iraq, is offering huge discounts of up to $33.40 per barrel off the official […]
The Syrian Petroleum Company (SPC) began loading Iraqi high sulfur fuel oil (HSFO) onto an Aframax tanker at the Mediterranean port of Bania...
KUALA LUMPUR, April 6 — An oil tanker loaded with Iraqi crude passed through the Strait of Hormuz close to the Ira...
Turkey is pressing Iraq to expand the Iraq-Turkey pipeline (ITP) to enable exports from Basra to Ceyhan, allowing Baghdad to diversify its e...
Among Gulf oil producers, Iraq has suffered the biggest drop in oil revenue as a result of the effective closure of the Strait
Among Gulf oil producers, Iraq has suffered the biggest drop in oil revenue as a result of the effective closure of the Strait
Brent crude, the international standard, dropped 10.5% to $88.96 per barrel. Benchmark U.S. oil tumbled 10.8% to $81.38 per barrel.
The price of Brent crude, the international standard, jumped 6.5% to $107.72. per barrel. Benchmark U.S. crude rose 11.3% to $111.44 per barrel.
An oil tanker loaded with Iraqi crude passed through the Strait of Hormuz close to the Iranian coast, a day after Iran said Iraq was exempt from any restrictions to transit the vit...
Brent crude hits three-week high of $108 as Hormuz shipments stay limited
Dated Brent’s 27 per cent correction from peak signals ease, but market’s relief may be misplaced
BASRA, Iraq (AP) — Iraqi oil fields once alive with the buzz of workers are nearly deserted. Ports that pulsed with the churn of cargo have fallen still, the din of commerce replac...
Roughly 14.6 million barrels a day of crude oil and petroleum liquids moved through the strait in Q1 of 2026, down from 20.4 million over that same period last year.
Brent crude futures rise $3.51, or 3.72%, to $97.8 a barrel
Brent crude futures rise 5.2% to $113.78, while WTI gains 3.1% to $105.11 a barrel
The output marks a rise of around 70 per cent from last year's 705 barrels per day, as the state-run company steps up domestic production amid supply uncertainty due to tensions in...
Citi forecasts Brent crude will reach $120 per barrel near term, warning oil markets are under-pricing prolonged supply disruption risk, with a bull case of $150 if Hormuz reopens...
LONDON: Oil prices jumped on Tuesday, climbing back above $110 per barrel, amid a lack of progress in reopening the key Strait of Hormuz. Meanwhile, tech stocks took a hit and inve...
The price for a barrel of Brent crude, the international standard, fell 3.2% to $110.78.
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