Sept 26 (Reuters) - Iraq Oil Minister Ihsan Abdul Jabbar on Monday said the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, known as OPEC+, are monitoring the oil price situation, wanting to have a balance in the markets. "We don't want a sharp increase in oil prices or a collapse," he said in a televised interview on s
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Iraq plans to plant one million hectares with wheat and “a very small amount” of barley in its 2022-2023 winter crop planting season, the ministry of water resources said in a statement. The Iraqi cabinet directed the trade ministry to import wheat to store for the future, the statement said. Iraq, a major Middle East grain importer, has faced water shortages for several
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LONDON: Iraq’s crude oil output was 67,000 barrels per day higher in August than July but exports from the south of the country continued to be constrained by delays to infrastructure upgrades, data from state-owned marketer SOMO showed. Iraq produced 4.651 million bpd of crude in August, in line with its quota under an OPEC+ deal, the data seen by Reuters showed, but export
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By: Gala Orsborn Last updated: Wednesday, 21 September 2022 Husain Alogaily. Winner of the Global Peer-Leader Award Business School recent graduate Husain Alogaily (BA Economics and International Development), has won the Global Peer-Leader Award at the Global Enterprise Experience for designing a financial app proposal for farmers in Africa. He surpassed 1100 emerging
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ERBIL, Kurdistan Region - The Iraqi oil ministry said on Thursday that it collected over $9 billion in oil revenue for the month of August, the country’s lowest reported earnings from oil sales in six months. Iraq’s oil sales generated a total gross amount of $9.7 billion in August, according to the ministry's numbers. This is the first time the country has collected below $
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