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Iraq Bulletin

Tag : energy market

Business

Brent crude rises to $74.16 as oil prices climb

iraqbulletin.co
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...
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Oil prices fall as Brent sinks 3% on US crude build and OPEC+ decision

iraqbulletin.co
Brent crude prices declined nearly 3% on Wednesday, rebounding slightly from a three-year low as U.S. crude stockpiles rose more than expected, adding pressure on oil markets already grappling with OPEC+ plans to increase production and fresh U.S. tariffs on...
Business

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

iraqbulletin.co
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...