Tag Archives: SHAFAQ News

Oil prices rose on Wednesday, with market participants expecting demand to rise in the world’s largest crude importer, after Beijing announced a looser monetary policy to stimulate economic growth in China. Brent crude futures gained 36 cents, or 0.5%, to $72.55 a barrel by 0430 GMT, while U.S. West Texas …

Iraqi oil exports to the United States increased last week, according to the US Energy Information Administration (EIA.) The EIA reported on Sunday that the average US crude oil imports from ten key countries reached 5.647 million barrels per day (bpd) last week, an increase of 640.000 bpd from the …

On Saturday, Iraqi Electricity Minister Ziad Ali Fadel announced the signing of an agreement with Turkmenistan to secure a daily supply of 20 million cubic meters of gas. In a statement, Fadel emphasized that this influx of gas will play a remarkable role in enhancing the country’s electricity infrastructure, saying, …

The US Energy Information Administration (EIA) announced on Tuesday that Iraq exported more than five million barrels of crude oil to the United States in September. Iraq’s exports of oil to the United States in September reached 5.97 million barrels, representing an increase compared to the country’s oil exports to …

A global company that monitors oil supply and shipment volumes announced, on Wednesday, that Iraq ranked second in crude oil exports to India over the past nine months. According to Commodities at Sea, “Russia topped the list with crude oil exports to India, supplying an average of 1.7 million bpd …

The US Energy Information Administration (EIA) announced on Sunday that Iraqi oil exports to the US had dropped during the past week. “In a span of a week, the US imports of crude oil from 10 major countries amounted to 5.744 million bpd, up by 343,000 bpd from the previous …

Oil prices jumped by over a dollar on Wednesday due to rising concerns Middle East tensions could escalate, potentially disrupting crude output from the region, following Iran’s biggest ever military blow against Israel. Brent futures leapt $1, or 1.36%, to $74.56 a barrel, while U.S. West Texas Intermediate (WTI) crude …

Iraqi oil exports to the United States decreased last week, according to the US Energy Information Administration (EIA) on Sunday. The EIA reported that the average US crude oil imports from eight key countries reached 5.645 million barrels per day (bpd) last week, decreased by 142.000 bpd from the previous …

Iraq’s oil exports to the United States increased last week, according to data released by the US Energy Information Administration (EIA) on Sunday. The EIA’s report showed that average US crude oil imports from nine major suppliers reached 5.787 million barrels per day (bpd) last week, an increase of 911,000 …

The US Energy Information Administration (EIA) announced on Sunday that Iraqi oil exports to the US had risen during the past week. “In a span of a week, the US imports of crude oil from nine major countries amounted to 4.876 million bpd, down by 732,000 bpd from the previous …