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Energy

Iraqi oil sales steady in August

Export levels were unchanged from July to August as authorities in Baghdad and Erbil continue talks to resume northern crude flows to Turkey.
Workers from the state-run Iraqi Drilling Company operate a rig at the West Qurna 1 oil field in Basra in August 2025. (Photo credit: IDC media office)

Iraq production surges after OPEC meeting

Oil Ministry unleashes latent capacity from state-run fields in July, more than compensating for production dips resulting from protests in southern Iraq.

July oil exports and revenues rise

Federal oil revenues hit a four-year high as exports increased through both the Basra Gulf and the KRG-controlled northern export system.

Iraq struggles to contain Basra oil protests

A demonstration threatens to shut down roads into the West Qurna 1 oil field as protesters, emboldened by a supportive message from Sistani, rail against government failures.