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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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OPEC+ Members Mull Extending Oil Supply Cuts Until End of 2020
May 30th, 2020 - 07:00 GMT

OPEC+ Members Mull Extending Oil Supply Cuts Until End of 2020

Has Riyal/US Dollar Peg Benefited Saudi Economy?
May 30th, 2020 - 06:00 GMT

Has Riyal/US Dollar Peg Benefited Saudi Economy?

Saudi Arabia Transfers $40 Billion from SAMA's FX Reserves to PIF
May 30th, 2020 - 05:00 GMT

Saudi Arabia Transfers $40 Billion from SAMA's FX Reserves to PIF

Turkey: Economy Grows 4.5% Percent in Q1
May 29th, 2020 - 06:00 GMT

Turkey: Economy Grows 4.5% Percent in Q1

US Oil Stocks Jump Much Higher than Expected
May 29th, 2020 - 03:00 GMT

US Oil Stocks Jump Much Higher than Expected

Trump Rolls Back Legal Protections for Social Media Companies
May 29th, 2020 - 01:30 GMT

Trump Rolls Back Legal Protections for Social Media Companies

Is Introducing New Taxes the Right Answer to the Economic Crisis?
May 28th, 2020 - 03:00 GMT

Will New Taxes Rescue Us from The Economic Crisis?

Cyprus to Cover Costs of Infected Tourists with COVID-19
May 28th, 2020 - 02:00 GMT

Cyprus to Cover Costs of Infected Tourists with COVID-19

Why Smart Cities Are Vulnerable to Cyberattacks
May 28th, 2020 - 01:30 GMT

Why Smart Cities Are Vulnerable to Cyberattacks

Boeing Resumes 737 Max Production In US
May 28th, 2020 - 01:00 GMT

Boeing Resumes 737 Max Production In US

Saudi Arabia: Airlines to Resume Domestic Flights on May 31
May 28th, 2020 - 12:30 GMT

Saudi Arabia: Airlines to Resume Domestic Flights on May 31

Trump Plans to Sign Executive Order on Social Media Amid Twitter Furor
May 28th, 2020 - 12:00 GMT

Trump Plans to Sign Executive Order on Social Media Amid Twitter Furor

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