Economic expert Manar Al Obaidy warns that Iraq faces a real budget deficit exceeding 15 trillion dinars in 2025, with ...

Lukoil is withdrawing from Iraq’s major West Qurna 2 oil field following new Western sanctions, which is viewed as a ...

Currently, Kuwait’s crude oil price is $67 per barrel, which means the budget is short by $1 per barrel today, with ...

Iraqis headed to the polls on Tuesday in their sixth parliamentary election since 2005, in a vote seen as pivotal not only ...

Standard Chartered has reported that the Indian pivot away from Russia has triggered a spike in oil product prices even as ...

The EIA revealed on Sunday that Iraq’s weekly oil exports to the United States significantly increased during the last week.

In Egypt, Lukoil holds a 50% stake in the West Esh El Mallaha (WEEM) and WEEM Extension oilfields alongside Egypt's Tharwa ...

Russia's second-largest oil producer, Lukoil , is facing growing disruptions to its international operations following U.S.

World oil prices this week recorded 4 sessions of increase and 1 session of decrease. Domestically, gasoline prices were ...

After long years of absence, major American oil and energy companies are returning to Iraq with contracts worth billions of dollars, covering fields that stretch from Basra in the south to Mosul ...

Airing on PBS, a new documentary tells the stories of Marines and soldiers in combat during 2004 operations to clear two ...

Assume today's price spike doesn't last, and crude prices continue to trade in their "bandwidth." At $112.7 billion in market ...