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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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Oil Prices Surge As Demand Shows Signs of Recovery from COVID-19
May 19th, 2020 - 10:30 GMT

Oil Prices Surge As Demand Shows Signs of Recovery from COVID-19

Saudi Arabia: What Does the Latest PIF Buying Spree Indicate?
May 19th, 2020 - 10:00 GMT

Saudi Arabia: What Does the Latest PIF Buying Spree Indicate?

How Did Working from Home Affect the Saudi Culture?
May 19th, 2020 - 09:30 GMT

How Did Working from Home Affect the Saudi Culture?

Lebanon: Central Bank Official Arrested Over Currency Manipulation Charges
May 19th, 2020 - 09:00 GMT

Lebanon: Central Bank Official Arrested Over Currency Manipulation Charges

US: Video Games Sales Hit Record of $10.86 Billion in Quarantine
May 19th, 2020 - 08:30 GMT

US: Video Games Sales Hit Record of $10.86 Billion in Quarantine

Alibaba's Jack Ma Steps Down from SoftBank's Board
May 19th, 2020 - 08:00 GMT

Alibaba's Jack Ma Steps Down from SoftBank's Board

With Gold Prices Soaring, Is It the Right Time to Sell?
May 19th, 2020 - 07:30 GMT

With Gold Prices Soaring, Is It the Right Time to Sell?

Uber to Cut 3,000 More Jobs, Close 45 Offices Globally
May 19th, 2020 - 07:00 GMT

Uber to Cut 3,000 More Jobs, Close 45 Offices Globally

You Can Make Some Smart Investments Even During an Economic Crisis
May 18th, 2020 - 03:00 GMT

You Can Make Some Smart Investments Even During an Economic Crisis

Thai Airways to File for Bankruptcy Due to COVID-19
May 18th, 2020 - 12:30 GMT

Thai Airways to File for Bankruptcy Due to COVID-19

Gold to Reach $1800 Driven by Fears of Trade War, Second Virus Wave
May 18th, 2020 - 12:00 GMT

Gold to Reach $1800 Driven by Fears of Trade War, Second Virus Wave

Sudan: Annual Inflation Rate Soars to 99 Percent
May 18th, 2020 - 11:30 GMT

Sudan: Annual Inflation Rate Soars to 99 Percent

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