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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Brent Crude Exceeds $92 per Barrel for First Time This Month

Oil prices rose in Asian trading on Wednesday, pushing Brent crude above $92 per barrel for the first time this month. The increase followed...

Petrol Prices Fall Following Decision by the Kurdistan Regional Government’s Ministry of Natural Resources

Petrol prices fell to 850 Iraqi dinars per litre at most filling stations in Erbil on Tuesday, July 21, 2026. The reduction followed a...

Energy Expert: Kurdistan Region’s Oil Output Falls Below 100,000 Barrels per Day

Drone attacks and rising security threats have forced several oil companies in the Kurdistan Region to suspend production. Energy researcher Dr. Shwan Sharai says...

Brent Crude Oil Climbs Above $90 as Middle East Tensions Disrupt Shipping

Brent crude oil prices climbed above $90 per barrel on Monday. Rising tensions in the Middle East increased concerns about global energy supplies. Investors also watched developments...

KRG: Federal Government Supplies Daily LPG to Kurdistan Region After Khor Mor Shutdown

Iraq’s federal government has started supplying daily liquefied petroleum gas (LPG) to the Kurdistan Region following the temporary shutdown of the Khor Mor gas field. The...

Oil Prices Rise More Than 4% as U.S.-Iran Tensions Shake Energy Markets

Oil prices surged by more than 4% on Monday as renewed military tensions between the United States and Iran increased fears of disruptions to...
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