Iraq
Oil prices extend slump on likely restoration of Libyan production, OPEC+ plans to raise output
Oil pumpjacks operate as the Lake Fire burns in Los Padres National Forest with evacuation warnings in the area on July 6, 2024 near Los Olivos, California. Mario Tama | Getty Images Oil prices extended declines during Asia trading hours, after a report that Libya’s oil production was set to be restored pressured prices overnight. […]
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Rockets fired from Iraq to U.S. armed service foundation in Syria, Reuters reports citing resources
At least five rockets ended up released from Iraq’s city of Zummar towards a U.S. armed service foundation in northeastern Syria on Sunday, two Iraqi stability sources and a U.S. formal instructed Reuters. Anadolu | Anadolu | Getty Visuals At least five rockets were launched from Iraq’s city of Zummar towards a U.S. military base in northeastern Syria on Sunday, two Iraqi security sources and a U.S. official told Reuters. […]
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Oil selling prices drop immediately after OPEC+ extends voluntary oil output cuts until eventually mid-year
Marathon Petroleum’s oil refinery in Anacortes, Washington. David Ryder | Reuters Oil costs fell Monday right after oil cartel OPEC+ agreed to lengthen voluntary output reductions till the 2nd quarter, in an effort to help the limited-expression balance of crude marketplaces. World-wide benchmark Brent fell 73 cents, or .89%, to $82.81 a barrel Monday, though U.S. West […]
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