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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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COVID-19 to Cost Global Economy $8.8 Trillion
May 16th, 2020 - 08:30 GMT

COVID-19 to Cost Global Economy $8.8 Trillion

Apple Mulls Launching Affordable iPad, iPad mini
May 16th, 2020 - 08:00 GMT

Apple Mulls Launching Affordable iPad, iPad mini

Jordan: COVID-19 is Huge Blow to Tourism Sector
May 15th, 2020 - 07:00 GMT

Jordan: COVID-19 is Huge Blow to Tourism Sector

Lebanon: Central Bank to Provide USD for Imports at Rate of 3,200 Pounds to Reduce Fo
May 15th, 2020 - 06:30 GMT

Lebanon: Central Bank to Provide USD for Imports at Rate of 3,200 Pounds to Reduce Food Prices

Oil Prices Soar to Early April Highs As Demand Shows Signs of Recovery
May 15th, 2020 - 06:00 GMT

Oil Prices Soar to Early April Highs As Demand Shows Signs of Recovery

How Has Working From Home Affected Productivity?
May 14th, 2020 - 03:00 GMT

How Has Working From Home Affected Productivity?

UAE: ADQ to Buy 50 Percent Stake in Agri-food Company
May 14th, 2020 - 12:30 GMT

UAE: ADQ to Buy 50 Percent Stake in Agri-food Company

Iran: Oil Exports Sink to Historic Low Battered by US Sanctions, COVID-19 Crisis
May 14th, 2020 - 12:00 GMT

Iran: Oil Exports Sink to Historic Low Battered by US Sanctions, COVID-19 Crisis

Lebanon, IMF Start Discussions to Revive Economy
May 14th, 2020 - 11:30 GMT

Lebanon, IMF Start Discussions to Revive Economy

Lebanon, IMF Start Discussions to Revive Economy
May 14th, 2020 - 11:30 GMT

Lebanon, IMF Start Discussions to Revive Economy

OPEC Cuts 2020 Oil Demand Outlook Again, Sees Steepest Decline This Quarter
May 14th, 2020 - 11:00 GMT

OPEC Cuts 2020 Oil Demand Outlook Again, Sees Steepest Decline This Quarter

Egypt to Rationalize Expenditures to Face Economic Repercussions of COVID-19
May 14th, 2020 - 10:30 GMT

Egypt to Rationalize Expenditures to Face Economic Repercussions of COVID-19

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