Tag Archives: Brent oil

Iraq will struggle to generate enough electricity unless it continues to use Iranian gas for three to four more years, the electricity minister said on Tuesday, resisting U.S. pressure to stop the imports from its Middle East neighbor. Iranian oil exports have tumbled since the United States imposed new sanctions …

Iraqi and Jordanian officials announced that Amman would receive its first shipment this week of a planned 10,000 barrels per day (BPD) of oil from Iraq’s province of Kirkuk as apart of an agreement made between the two neighboring countries in early 2019. Hala Zawati, Jordan’s Minister of Energy and …

Brent oil price fell below $60 per barrel on Wednesday for the first time since the beginning of the year. The slump comes as the US Department of Energy has published a weekly report on the country’s oil reserves. According to the report, the reserves have increased by 6,77 million …