Iraq Oil Report
https://www.iraqoilreport.com The Source to Iraq, Its People and Its Oil Tue, 15 Dec 2020 02:39:36 +0000 en-US hourly 1
https://bit.ly/3oShuOF Mon, 14 Dec 2020 20:26:54 +0000 https://www.iraqoilreport.com/?p=43398
MPs say Iraq's 2021 budget is likely to bring a significant drop in the value of the dinar, helping the government's balance sheet but hurting the purchasing power of most Iraqis.
The post Dinar value falls as Iraq contemplates currency devaluation appeared first on Iraq Oil Report.
]]>https://bit.ly/3oF8Lz4 Wed, 09 Dec 2020 14:43:54 +0000 https://www.iraqoilreport.com/?p=43379
Detonations at two wells early Wednesday are the latest example of inadequate security across northern Iraq.
The post Khabbaz wells burn as security in northern oil sector worsens appeared first on Iraq Oil Report.
]]>https://bit.ly/36Y529W Wed, 09 Dec 2020 13:18:27 +0000 https://www.iraqoilreport.com/?p=43371
Field is not under threat. Decision by Gazprom Neft protects 100-plus daily tanker trucks exporting the crude.
The post Sarqala field stops trucking as Kurdistan protests expand appeared first on Iraq Oil Report.
]]>https://bit.ly/3gjP25j Mon, 07 Dec 2020 15:27:46 +0000 https://www.iraqoilreport.com/?p=43361
The coalition's decision to remove the Iraqi Air Force from air tasking orders highlights ongoing failures to address the dysfunction and corruption that have crippled a multi-billion-dollar fleet of fighter jets.
The post U.S.-led coalition drops Iraqi F-16s from anti-IS missions appeared first on Iraq Oil Report.
]]>https://bit.ly/2VA6SHF Fri, 04 Dec 2020 01:35:42 +0000 https://www.iraqoilreport.com/?p=43354
Protests and violence in Sulaimaniya add urgency to KRG efforts to resolve disputes and secure budget transfers from Baghdad.
The post Civil unrest highlights Kurdistan financial woes appeared first on Iraq Oil Report.
]]>https://bit.ly/2VlLyWa Tue, 01 Dec 2020 21:34:17 +0000 https://www.iraqoilreport.com/?p=43345
Countrywide exports of 3.143 million bpd suggest Iraq has reduced output, with OPEC-plus members insisting on full quota compliance as they consider extending cuts.
The post Iraqi oil exports fall as OPEC scrutiny rises appeared first on Iraq Oil Report.
]]>https://bit.ly/3q3qyll Wed, 25 Nov 2020 19:34:20 +0000 https://www.iraqoilreport.com/?p=43328
New legislation could reduce the influence of political party bosses, but reformers still see major hurdles to free and fair elections.
The post Election law sparks hope, but reformers remain concerned appeared first on Iraq Oil Report.
]]>https://bit.ly/2J0YfmN Mon, 23 Nov 2020 15:09:47 +0000 https://www.iraqoilreport.com/?p=43284
A new proposal from SOMO asks crude buyers to pay up front for a year's worth of exports to secure a 5-year supply — part of Iraq's response to a cash-flow crisis.
The post UPDATE: Iraq seeks pre-payment for oil exports appeared first on Iraq Oil Report.
]]>https://bit.ly/36Rzotu Fri, 20 Nov 2020 17:22:35 +0000 https://www.iraqoilreport.com/?p=43275
As hostilities with Iran resume, a shortened waiver period gives the outgoing Trump administration one last opportunity to wield economic leverage in Iraq.
The post U.S. keeps pressure on Iraq with 45-day sanctions waiver appeared first on Iraq Oil Report.
]]>https://bit.ly/2IKumae Tue, 17 Nov 2020 20:39:43 +0000 https://www.iraqoilreport.com/?p=43269
SOMO is using the launch of its new Basra Medium crude grade as an occasion to revamp the specifications for its flagship Basra Light and Basra Heavy, too.
The post Iraq sets new specifications for Basra crude marketing appeared first on Iraq Oil Report.
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