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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, Oil Crisis Push Saudi Arabia to “Immediate Overhaul” Measures
May 12th, 2020 - 08:15 GMT

COVID-19, Oil Crisis Push Saudi Arabia to “Immediate Overhaul” Measures

More Arab Countries Could Start Hiking Taxes to Boost Economies
May 12th, 2020 - 07:30 GMT

More Arab Countries Could Start Hiking Taxes to Boost Economies

Businessmen Before And After COVID-19: Some Rolling in Money While Others Lose Billions
May 11th, 2020 - 03:00 GMT

Meet the 7 Major Billionaires Affected by COVID-19

Aramco to Reduce Oil Production for June by Extra 1 Million bpd
May 11th, 2020 - 02:00 GMT

Aramco to Reduce Oil Production for June by Extra 1 Million bpd

3 Reasons Why Businesses Must Digitize Supply Chain Ecosystems Right Now
May 11th, 2020 - 01:30 GMT

3 Reasons Why Businesses Must Digitize Supply Chain Ecosystems Right Now

Opinion: Should the Capitalist US Bail out the Shale Producers?
May 11th, 2020 - 01:00 GMT

Opinion: Should the Capitalist US Bail out the Shale Producers?

US Official: Unemployment Rate Expected to Worsen
May 11th, 2020 - 12:30 GMT

US Official: Unemployment Rate Expected to Worsen

5 Tips to Nurture Profitable Relationships With Customers
May 11th, 2020 - 12:00 GMT

5 Tips to Nurture Profitable Relationships With Customers

Alert: At Least Half a Million Zoom Accounts Put Up For Sale on Dark Web
May 11th, 2020 - 11:30 GMT

Alert: At Least Half a Million Zoom Accounts Put Up For Sale on Dark Web

S&P Affirms Qatar’s Rating At ‘AA-’, Outlook at ‘Stable’
May 11th, 2020 - 11:00 GMT

S&P Affirms Qatar’s Rating At ‘AA-’, Outlook at ‘Stable’

Saudi Arabia Cuts Local Fuel Prices Significantly
May 11th, 2020 - 10:30 GMT

Saudi Arabia Cuts Local Fuel Prices Significantly

NMC CFO Flees UAE on Repatriation Flight to India
May 11th, 2020 - 10:00 GMT

NMC CFO Flees UAE on Repatriation Flight to India

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