Stability of Oil Prices in World Markets

The Stability of Oil Prices in World Markets

International: Al Furat News Oil prices stabilized on Monday, as concerns about the dispute between the United States and Iran receded, while investor interest shifted to the signing of a preliminary trade agreement between the United States and China this week, which will boost economic growth and demand. Brent crude, the global benchmark, rose to […]

Deliver 250 Thousand Barrels Per Day to Baghdad

Al-Ghadban: The Region will Deliver 250 Thousand Barrels Per Day to Baghdad Starting Next Year

Today, Thursday, Oil Minister Thamer Al-Ghadban announced that the Kurdistan region will deliver 250,000 barrels per day to the federal government starting next year, while stressing Iraq’s commitment to what is being reached in OPEC + from a reduction in exports to ensure the stability of global oil prices. The official Al-Sabah newspaper, quoting Al-Ghadban, […]

Oil Prices Drop Due to Trade War Fears

Oil Prices Drop Due to Trade War Fears

Oil prices fell, on Tuesday, for the second consecutive session, as the negative effects of the prospects of slowing global demand overshadowed the advantages of OPEC’s agreement with partner producers at the end of last week to increase crude production cuts in early 2020. Brent crude futures fell 11 cents, or 0.2 percent, to $ […]