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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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Kuwait to Offer Bank Loans for COVID-19 Affected SMEs
April 22nd, 2020 - 11:15 GMT

Kuwait to Offer Bank Loans for COVID-19 Affected SMEs

Asian Stocks Mixed Following Wall Street Biggest Decline in Weeks
April 22nd, 2020 - 10:45 GMT

Asian Stocks Mixed Following Wall Street Biggest Decline in Weeks

Will Oil Crash Refuel Geopolitical Tensions?
April 22nd, 2020 - 10:00 GMT

Will Oil Crash Refuel Geopolitical Tensions?

How the Black Gold Became Cheaper than a Bottle of Water?
April 22nd, 2020 - 09:45 GMT

How the Black Gold Became Cheaper than a Bottle of Water?

Saudi Arabia Watching Oil Markets Closely, Ready for Applying Additional Measures
April 22nd, 2020 - 08:30 GMT

Saudi Arabia Watching Oil Markets Closely, Ready for Applying Additional Measures

Opinion: Did COVID-19 Brought American Oil Dominance Era to An Early End?
April 22nd, 2020 - 08:00 GMT

Opinion: Did COVID-19 Brought American Oil Dominance Era to An Early End?

Experts: Global Economy Requires Stimulus to Jolt Oil Prices
April 22nd, 2020 - 07:30 GMT

Experts: Global Economy Requires Stimulus to Jolt Oil Prices

Trump Pledges to Save US Embattled Oil Industry
April 22nd, 2020 - 07:00 GMT

Trump Pledges to Save US Embattled Oil Industry

Lebanon Legalizes Cannabis Farming for Medicinal Use
April 22nd, 2020 - 06:30 GMT

Lebanon Legalizes Cannabis Farming for Medicinal Use

Turkey: Economy to Contract for First Time in a Decade
April 22nd, 2020 - 06:00 GMT

Turkey: Economy to Contract for First Time in a Decade

Necessity Is the Mother of Invention: 7 Creations Inspired by COVID-19
April 21st, 2020 - 03:00 GMT

Necessity Is the Mother of Invention: 7 Creations Inspired by COVID-19

Turkey: New Coronavirus-Free Certificates for Tourist Destinations
April 21st, 2020 - 12:30 GMT

Turkey: New Coronavirus-Free Certificates for Tourist Destinations

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