Energy

Brent Crude Returns Above $84 as Supply Risks Persist

Oil prices edged higher on Tuesday after suffering sharp losses in the previous session. Renewed concern about possible disruptions to Middle Eastern supplies supported the rebound, while prospects for...

Salary Funds Expected to Reach Kurdistan Region by Mid-Next Week

A senior source in Baghdad says no legal or political obstacles remain to transferring salaries for public employees...

SOMO: Kurdistan Region Oil Output Falls to 20,000 Barrels per Day

Oil production in the Kurdistan Region has fallen from 230,000 barrels per day to only 20,000 because of...

Genel Energy Reports 66% Drop in Tawke and Peshkabir Oil Output

Genel Energy reported a 66.3% decline in combined oil production from the Tawke and Peshkabir fields during the...

Gold Prices Rise Above $4,050 per Ounce

Gold prices edged higher on Tuesday and remained above $4,050 per ounce as investors weighed renewed US-Iran tensions...
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Kurdistan Region Exports 1.5 Million Barrels of Oil in Two Months

Iraq exported 32.1 million barrels of crude oil and condensates during May and June 2026, including more than 1.5 million barrels from the Kurdistan...

DNO’s Oil Production in Kurdistan Region Drops Sharply

Norwegian oil company DNO has resumed production at the Tawke field near Zakho, but its latest figures show a dramatic decline in output during...

Dana Gas to Gradually Restore Khor Mor Gas Production After Security Guarantees

Dana Gas will gradually restore production at the Khor Mor gas field after receiving security assurances from authorities in the Kurdistan Regional Government and...

KRG Launches Digital Fuel App to Address Supply Problems

The Kurdistan Regional Government says recent fuel shortages should ease within days as officials introduce a new digital distribution platform and coordinate additional supply...

Global Oil Prices Fall More Than 5% as US-Iran Tensions Ease

Oil prices fell sharply when Asian markets opened on Monday, as investors welcomed a three-night pause in US attacks on Iran. The break raised...

Brent Crude Approaches $96 as Regional Tensions Intensify

Oil prices rose in global markets on Thursday after a tanker incident near Saudi Arabia and new threats between the United States and Iran...
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