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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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GCC Central Banks Slash Interest Rates to Ease Economic Impact of COVID-19
March 18th, 2020 - 07:45 GMT

GCC Central Banks Slash Interest Rates to Ease Economic Impact of COVID-19

Lebanon: Authorities Continue Prosecuting Manipulators of Currency Exchange Rate
March 18th, 2020 - 07:03 GMT

Lebanon: Authorities Continue Prosecuting Manipulators of Currency Exchange Rate

Global Markets See Modest Rebound but Sentiment Still Fragile,Uncertain
March 18th, 2020 - 06:41 GMT

Global Markets See Modest Rebound but Sentiment Still Fragile,Uncertain

Saudi Arabia to Boost Oil Exports to 10 Million bpd Starting May
March 18th, 2020 - 06:23 GMT

Saudi Arabia to Boost Oil Exports to 10 Million bpd Starting May

Don't Let the Coronavirus Stop You: Make Money During Home Quarantine
March 17th, 2020 - 04:00 GMT

Don't Let the Coronavirus Stop You: Make Money During Home Quarantine

 Once a Huge Oil Producer, Now Libya Suffer from Fuel Shortage
March 17th, 2020 - 12:44 GMT

Once a Huge Oil Producer, Now Libya Suffer from Fuel Shortage

World's Alarming Debt Pile Up Due to Coronavirus
March 17th, 2020 - 12:00 GMT

World's Alarming Debt Pile Up Due to Coronavirus

Microsoft Launches COVID-19 Tracker on Bing Search
March 17th, 2020 - 11:20 GMT

Microsoft Launches COVID-19 Tracker on Bing Search

GCC Stock Market Keeps Plunging As Oil Plummets Over 11 Percent
March 17th, 2020 - 11:18 GMT

GCC Stock Market Keeps Plunging As Oil Plummets Over 11 Percent

OPEC Fund Pledges $200 Million to Thwart COVID-19
March 17th, 2020 - 10:44 GMT

OPEC Fund Pledges $200 Million to Thwart COVID-19

US Airlines Seek $50 Billion COVID-19 Bailout to Avoid Collapse
March 17th, 2020 - 10:23 GMT

US Airlines Seek $50 Billion COVID-19 Bailout to Avoid Collapse

Saudi Aramco Likely to Sustain Planned High Oil Output
March 17th, 2020 - 10:05 GMT

Saudi Aramco Likely to Sustain Planned High Oil Output

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