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 Oil Rises Above $72 as Middle East Shipping Risks Persist

Brent crude oil prices moved higher on Monday after several days of military tensions between the United States and Iran continued to affect global...

Kurdistan Oil Export Restart Expected to Lower Fuel Prices

The expected restart of oil exports from the Kurdistan Region is likely to reduce fuel prices in local markets. Industry officials believe consumers could...

Brent Crude Falls Below $77 as Oil Prices Extend Losses

Oil prices continued to decline on Wednesday as markets reacted to easing tensions between the United States and Iran. Investors also welcomed the reopening...

Oil Prices Fall Below $80 as Hopes of Higher Supply Weigh on Markets

Oil prices fell on Monday after fresh diplomatic developments raised hopes of increased crude exports and higher global supply. Investors also reacted to signs...

LPG Prices Fall Sharply in Kurdistan, Household Gas Cylinder Refill Drops to 10,000 Dinars

The price of liquefied petroleum gas (LPG), commonly known as household gas, continues to decline across the Kurdistan Region. Market officials say the latest...

Oil Prices Fall as Brent Crude Drops Below $79 per Barrel

Global oil prices declined on Thursday after the United States and Iran signed an agreement aimed at easing tensions in the Middle East. The...
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