By John Lee. The Iraqi Ministry of Oil has reaffirmed its full commitment to the OPEC+ production agreement, including additional voluntary cuts and compensation for excess production. In a statemet ...

OIL prices settled higher on Monday as fresh U.S. sanctions on Iran and a commitment to compensate for overproduction by Iraq ...

Oil rose for a second day after the Trump administration imposed new sanctions on flows of Iranian oil, framing the move as a ...

Iraq is waiting for Turkey’s approval to restart the oil flows from the Iraqi Kurdistan region, the Iraqi oil minister said ...

Oil futures rose modestly as the U.S. imposed fresh sanctions on Iran and Iraq offered a commitment to compensate for ...

Oil prices edged higher on Monday as fresh U.S. sanctions on Iran and a commitment to compensate for overproduction by Iraq added to concerns of near-term supply tightness, helping the market recover ...

Iraq has reaffirmed its commitment to the OPEC+ agreement, even as the resumption of oil exports from Kurdistan appears ...

U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran.

Iraq reaffirmed its commitment to the OPEC+ agreement on Monday and said it would present an updated plan to compensate for ...

Iraqi crude is expected to start flowing to the Turkish Mediterranean port of Ceyhan, after the Baghdad government said it ...

Iraq’s oil minister hopes Kurdistan oil flows via Turkey will resume in two days according to reports from a conference in Baghdad on Monday.It follows mounting reports of a resumption this week from ...

Iraq is expecting Turkey's approval to restart oil exports from the Kurdish region, according to Iraqi officials. A ...