Iraq’s oil revenues surpassed $5 billion in February after exporting more than 98 million barrels (mmbbl) of crude oil, according to Xinhua. The Iraqi Oil Minister, Jabbar Alluaibi, announced in a statement that...
Oil production from Iraq’s West Qurna 2 oil field reached 400,000 barrels per day (b/d), Zawya announced. According to Lukoil, oil output from West Qurna 2 is anticipated to reach 480,000 b/d in 2020 and 800,000 b/d i...
Iraq’s exports from Kirkuk oilfields to the Turkish Ceyhan port will remain between 80,000 to 90,000 barrels per day (b/d) as most of the produced crude oil from Kirkuk is directed to the northern refineries, Thamer G...
Top oil producing countries are raising supply in crude oil ahead of June’s OPEC meeting despite discussions on freezing output that took place at Doha summit. “OPEC is indeed increasing supplies, practisi...