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Oil Exports of Iraq in the Half of 2016

Oil Exports of Iraq in the Half of 2016: The oil ministry of Iraq stated that the total export of crude oil in the first half of 2016 reached 592 million barrels. The economists believe that it’s a big economical…
Crude Oil Price settled at $40.11 per barrel by OPEC

The Organization of Petroleum Exporting Countries (OPEC) revealed that its basket of crude oil price increased 1.65 U.S dollars and settled at 40.11 U.S dollars per barrel. The announcement declared on the official website of OPEC on Saturday. This announcement…
Highest Level of Crude Oil Prices for the year 2016

On Friday, the U.S crude oil prices showed a significant rise and it is considered continuous rise in the 5th consecutive week in this year due to thriving confidence that the major oil producers made an agreement to maintain production.…
New Agreement Signed between GE and Ministry of Electricity

On Wednesday, the Iraqi Ministry of Electricity has confirmed that Iraqi Electricity Minister Qassim Fahdawi signed a financial agreement with the U.S based General Electric Company. The statement further indicated that Iraqi Minister of Electricity signed a technical agreement on…