Iraqi Oil Minister Jabar al-Luaibi said over the weekend that a deal signed with Iran to swap as much as 60,000 barrels per day of
Tag: Islamic State
United States’ Iraqi Oil Dilemma: Seize or Not Seize It
The United States is not going to Iraq to seize oil, US Defense Secretary Jim Mattis stressed earlier this week, prior to his visit to
Agreement Reached: OPEC to Cut Its Oil Output
The Organization of the Petroleum Exporting Countries (OPEC) agreed yesterday (30 November) on its first oil production cut since 2008 after Riyadh had reached a
Iraq Considers Oil-Swap Deal with Iran if Talks with Kurds Fail
Iraqi Oil Ministry said that it would consider selling its crude through Iran if the upcoming negotiations with the autonomous Kurdish region on an oil
Oil Giants Propose Cuts in Development Spending in Iraq
Oil firms have proposed that they will cut development spending in Iraq worth millions of dollars after Bagdad announced that cheap oil and its fight