New Oil Discovery in Iraq and Oil Export to Egypt

New Oil Discovery in Iraq and Oil Export to Egypt

The Russian company “Lukoil” issued a statement on 22nd February 2017 that the company has successfully completed the first extraction process of crude oil and low-sulfur in cooperation ...
Global Oil Prices Again Decreased on Tuesday

Global Oil Prices Again Decreased on Tuesday

On Tuesday, the oil prices again showed a decline. It was due to an OPEC agreement to reduce the overflowing chain of crude oil into the heavily overloaded global oil market by at least ...
Final Price of Oil Announced for Iraqi Budget 2017: Finance Ministry

Final Price of Oil Announced for Iraqi Budget 2017: Finance Ministry

A number of economists have predicted that the suggested oil price of crude oil for the Iraqi budget 2017 from 35 to 45 U.S dollars per barrel would be more realistic and according ...

Official Document Indicates Iraqi Oil Imports Vs CBI Sales of Foreign Currency

Iraqi Dinar 123 News:– A study based stats showed an official data regarding the Iraqi oil imports which was amounted at least 90 percent of the Iraqi federal budget. The stats indicated ...

Oil Investment Will Be Discussed in the Beijing Visit: Al-Abadi

Iraqi Dinar 123 News:– The Iraqi Prime Minister Haider Al-Abadi has planned a visit to Beijing. He said that our main focus will be oil and investment in the official visit and to ...

Majida Al-Tamimi Suggested $ 35 Per Barrel Oil Price for The Budget 2016

Iraqi Dinar 123 News:– A member of the Iraqi Parliamentary Finance Committee Majida Al Tamimi issued a statement that oil price for the next years’ budget 2016 will be set at 35 ...

Shell Company Planning To Enhance The Expertise In The Oil Sector

Iraqi Dinar 123 News:– The improvement of human resources serves as the specific investment for the huge dimension of the economic possibility of the country, particularly with the ...

We Need to Work on Oil Alternatives to Boost the Economy: Experts

Iraqi Dinar 123 News:– The Iraqi economy and its financial and economic institutions mostly depend on the revenues of Iraqi oil export, but Iraqi government should find alternatives ...
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