Tag Archives: Iraq

To cope with Basra crude surplus in the United States. traders have slowed ships and stored some cargoes off the Gulf Coast. shipping data on Eikon showed.

OPEC’s de facto leader. Saudi Arabia. needed to hit the $60 benchmark in order to feel safe in authorizing its state-run firm. Saudi Aramco’s. initial public offering.

Iraq has to pay 850 million dollars to Iran for exports of electricity.

The North Oil Company (NOC) has stopped feeding crude oil into the export pipeline.

On Friday. Kurdish and Iraqi pro-government forces which had fought battles as Baghdad took over Kirkuk and other disputed areas announced a ceasefire.

The September 25 independence referendum in oil-rich regions of Iraqi Kurdistan and Kirkuk led to a military operation driven by the Iraqi government forces.

Iraqi oil ministry officials have said they were hoping to bring output back to normal by Sunday but it has not happened yet.

Large police troops were dispatched to Kirkuk oil fields as part of a plan to secure oil facilities there.

Khalid Al Falih welcomes increasing cooperation between Iraq and kingdom.

Since the 2003 U.S.-led invasion of Iraq. oil-rich Kirkuk has remained the subject of dispute between Baghdad and the Erbil-based KRG.