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- Emirates Islamic to introduce region's first Amazon Credit Card
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01/10/2025 04:09 AST
The oil tanker, Vallesina, has been booked to load 700,000 barrels of Iraqi Kurdistan crude oil at Türkiye's Ceyhan port on October 2, two industry sources said on Tuesday.
It will be the first tanker to load Iraqi Kurdistan crude following the resumption of flows from Iraq's semi-autonomous Kurdistan region to Türkiye on September 27, the sources said, speaking on condition of anonymity.
Iraq's oil ministry undersecretary Bassem Mohamed earlier said that the resumption of Kurdish oil flows will help raise the country's exports to nearly 3.6 million bpd in the coming days.
Iraq's production and export levels will remain within its OPEC quota of 4.2 million bpd, he said.
Iraq, the group's largest overproducer, was among states that submitted updated plans to OPEC in April to make further oil output cuts to compensate for pumping above agreed quotas.
Arab News
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Brent | 66.88 | 0.57 | 1.39 |
| WTI | 62.59 | 0.35 | 2.52 |
| OPEC Basket | 71.94 | 0.96 | 1.35 |
03/10/2025
Oil prices fell over 1% to their lowest in four months on Thursday, extending a run of declines into a fourth day, due to concerns about oversupply in the market ahead of a meeting of the OPEC+ group
Saudi Gazette
02/10/2025
Oil prices fell to a 17-week low on Wednesday, down for a third straight day on a U.S. government shutdown fed worries about the global economy, while traders expected more oil supply to come on the
Reuters
02/10/2025
The US Energy Information Administration (EIA) announced a rise in US crude oil, gasoline, and distillate inventories last week.
The EIA, the statistical arm of the US Department of Energy,
QNA
30/09/2025
Opec+ will likely approve another oil production increase of at least 137,000 barrels per day at its meeting on October 5, as rising oil prices encourage the group to try to further regain market sha
Trade Arabia
24/09/2025
Oil prices rose by more than $1 a barrel on Tuesday after a deal to resume exports from Iraq's Kurdistan stalled, pacifying some investor concerns that the restart would exacerbate worries about glob
Reuters
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