By John Lee. The Iraqi Ministry of Oil has reaffirmed its full commitment to the OPEC+ production agreement, including additional voluntary cuts and compensation for excess production. In a statemet ...

Oil futures bounced back modestly on Monday from sharp losses in the previous session, as the U.S. imposed fresh sanctions on Iran and Iraq offered a commitment to compensate for overproduction of its ...

OIL prices settled higher on Monday as fresh US sanctions on Iran and a commitment to compensate for overproduction by Iraq ...

WTI crude oil (CLJ25) on Monday closed up +0.30 (+0.43%), and April RBOB gasoline (RBJ25) closed down -0.0085 (-0.38%). Crude ...

Oil futures finished higher on Monday, with prices finding support after a nearly 3% decline Friday, as the U.S. imposed fresh sanctions on Iran, impacting its crude sector. Traders also weighed ...

The Trump administration’s math on Middle Eastern energy supplies just doesn’t add up. The law of supply and demand is the ...

Iraq's Oil Minister confirmed on Monday that the Iraq-Turkey pipeline, designated for the resumption of the Kurdistan ...

Iraq's population reached 46.11 million, according to the final results of the population census conducted last November.

This marks a significant step towards resolving the nearly two-year dispute that disrupted crude flows between Baghdad and ...

Iraq has reaffirmed its commitment to the OPEC+ agreement, even as the resumption of oil exports from Kurdistan appears ...

U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran.

"With 185,000 barrels per day expected to flow through the Iraq-Turkey pipeline, crude volumes available on the market could increase, weighing on prices in the short term. The supply increases come ...