Oil prices back on the rise on US stimulus hopes, Iraq output cut
Oil costs climbed in early commerce on Monday, clawing again over half of Friday’s losses, on hopes for a stimulus deal to shore up the US financial restoration and a … Read More
Tag: Iraq
OPEC, Russia extend record oil cuts to end of July
OPEC, Russia and allies agreed on Saturday to increase file oil manufacturing cuts till the tip of July, prolonging a deal that has helped crude costs double previously two months … Read More
OPEC+ coalition shaken as Iraq pushed to atone for oil cheating
The grand alliance that’s helped revive international oil markets is being rattled by a long-running feud over members breaking their guarantees. Just a day earlier than a proposed gathering on … Read More
Oil extends losses on supply overhang, weak outlook amid Covid-19 crisis
Oil costs prolonged losses on Thursday because the trade grappled with the rising international surplus of crude and the sharp coronavirus-led downturn in demand, with the outlook nonetheless grim regardless … Read More
Islamic State extremists step up as Iraq, Syria grapple with virus
Baghdad: The man carrying an explosive vest emerged from a automotive and calmly marched towards the gates of the intelligence constructing in Iraq’s northern metropolis of Kirkuk. When he ignored … Read More