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Iraq Bulletin

Tag : crude oil

Business

Brent crude jumps 9.6% to $83.30 amid Hormuz risks

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NEW YORK / RankWire.AI / – Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose $6.73, or 9.4%, to......
Business

Gold falls below $4,000 after oil prices jump

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NEW YORK / RankWire.AI / – Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level in two weeks. U.S. gold futures for August delivery......
Business

Brent crude rises to $74.16 as oil prices climb

iraqbulletin.co
NEW YORK / RankWire.AI / – Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude gained 2.76% to $70.44 a barrel. Brent added $2.17 for the session. WTI rose $1.89. Trading later extended gains after the United States revoked......
Business

OPEC+ to raise oil output by 137000 barrels per day in November

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OPEC+ confirms a 137000 bpd oil production increase effective November 2025 as member nations coordinate to sustain global market stability....
Featured News

Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar

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Oil prices extended gains, settling above $72 a barrel as supply concerns, OPEC+ policy uncertainty, and a weaker U.S. dollar supported crude amid market volatility....
Business

Saudi Arabia and OPEC+ allies agree to cut oil output by 1.16 million bpd

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Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day on Sunday, ahead of a virtual meeting of an OPEC+ ministerial panel. The unexpected move takes the total volume of cuts by OPEC+ to 3.66 million bpd, equal to 3.7% of......