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Iraqi oil field worker in Basra
June 25th, 2026 - 12:14 GMT
P. Choiaqo

P. Choiaqo

Iraq rethinking its OPEC membership due to oil production limits

ALBAWABA - In a Reuters exclusive report: Iraq, one of the founding members of OPEC, is now considering leaving the organization after Strait of Hormuz disruptions and limited oil production quotes hit the county hard. “Saudi Arabia and ​other OPEC allies should treat this matter with the utmost seriousness. Failing that, Iraq will be compelled to consider all available options,” a senior Iraqi oil ⁠ministry official told Reuters. Iraq’s economy ...
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UK: Inflation Soars Due to Clothing Retailers Shunning Discounts
August 20th, 2020 - 08:30 GMT

UK: Inflation Soars Due to Clothing Retailers Shunning Discounts

Saudi, Nigerian Presidents Discuss Oil Market Stability
August 20th, 2020 - 08:00 GMT

Saudi, Nigerian Presidents Discuss Oil Market Stability

Iraq Signs Agreement With Norwegian Firm to Build Oil Tankers
August 20th, 2020 - 07:30 GMT

Iraq Signs Agreement With Norwegian Firm to Build Oil Tankers

Microsoft to Pull the Plug on the 25-Year-Old Internet Explorer
August 20th, 2020 - 07:00 GMT

Microsoft to Pull the Plug on the 25-Year-Old Internet Explorer

UAE, Swedish Firms to Build Renewable Energy Storage site in Abu Dhabi
August 20th, 2020 - 06:30 GMT

UAE, Swedish Firms to Build Renewable Energy Storage site in Abu Dhabi

FDI in Developing Countries Projected to Plummet 50 Percent this Year
August 20th, 2020 - 06:00 GMT

FDI in Developing Countries Projected to Plummet 50 Percent this Year

Top 10 University Majors to Aim for in the Next 10 Years in the GCC
August 19th, 2020 - 02:00 GMT

Top 10 University Majors to Aim for in the Next 10 Years in the GCC

UAE: Barakah Nuclear Plant to Successfully Produce Clean Electricity for the First Time
August 19th, 2020 - 12:30 GMT

UAE: Barakah Nuclear Plant to Successfully Produce Clean Electricity for the First Time

Chinese COVID-19 Vaccine May Be Released by Christmas for Less Than $135
August 19th, 2020 - 12:00 GMT

Chinese COVID-19 Vaccine May Be Released by Christmas for Less Than $135

Restructuring Supply Chains Could Cost $1 Trillion Over 5 Years
August 19th, 2020 - 11:30 GMT

Restructuring Supply Chains Could Cost $1 Trillion Over 5 Years

UAE: National Banks’ Assets Soar to $816 Billion in H1 2020
August 19th, 2020 - 11:00 GMT

UAE: National Banks’ Assets Soar to $816 Billion in H1 2020

Haftar Lifts Blockade on Oil Production In Libya
August 19th, 2020 - 10:30 GMT

Haftar Lifts Blockade on Oil Production In Libya

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