News

Iraq’s oil exports to the United States reached 164,000 barrels per day last week, representing a decline of 48,000 barrels ...
Iraqi crude oil supplies to India fell by four percent in the first half of 2025 compared to the same period in 2024.
Crude futures fell over 2% Thursday as traders reacted to fresh tariff threats from U.S. President Donald Trump, raising ...
Iraq exported an average of 152,000 bpd to the US during the week ending May 10, down from 229,000 bpd the previous week. Overall, the US imported an average of 5.365 million bpd from ten major ...
Jordan imported more than 1.6 million barrels of Iraqi oil during the first five months of 2025. Iraq’s oil exports to Jordan ...
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Iraq and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis ...
Iraq earned nearly $1 billion more in 2024 over the previous year despite a decline in average crude prices last year, official data show. The crude export earnings of OPEC’s second largest oil ...
Iraq faces a budget crunch in 2025 due to the slump in the price of oil, the overwhelming source of government revenue, a top economic adviser to Prime Minister Mohammed Shia al-Sudani said. "We ...
Iraq produced just over four million barrels per day (bpd) in May and exported nearly 3.3 million bpd, mostly to China and India, according to the Iraqi Oil Ministry. “Iraq’s oil exports have not been ...
In most Middle Eastern oil-exporting nations, petroleum revenues account for over 70% of government income and roughly a third of GDP—with countries like Iraq and Kuwait even surpassing these ...
Iraq plans to cut oil exports next month as OPEC+ presses members to adhere to production targets, according to an official with knowledge of the matter. OPEC’s second-largest producer aims to ...