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Iraq invites global oil firms for talks on Kurdistan contracts

Crude oil prices have stabilized around $70 per barrel, influenced by geopolitical developments and shifts in supply and demand expectations as noted in the market analysis.
The U.S. Energy Information Administration projects U.S. Oil production will reach 13.6 million barrels per day in 2025, potentially increasing supply pressure on the market.
OPEC+ is considering production adjustments due to rising global supply, with non-OPEC+ supply expected to surpass demand growth by 500,000 barrels per day in 2025.
Broader economic indicators, including slowing growth in the U.S. And rising unemployment claims, may negatively impact oil consumption and market dynamics, as highlighted in the economic analysis.

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Al Bawaba

The Iraqi Ministry of Oil achieves self-sufficiency and exports the surplus to foreign markets

The Ministry of Oil announced today, Sunday, achieving self-sufficiency in liquefied gas and exporting the surplus to foreign markets...

2 days ago·Amman, Jordan

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Oil Price

Oil Caught Between Tariff Threats And Supply Constraints

Bearish sentiment continues to persist in oil markets, and traders should look at OPEC’s next move and Iraqi oil streams for the next catalyst

2 days ago·London, United Kingdom

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Bloomberg

Iraq Invites Kurdish Oil Producers for Talks on Restarting Flows

Iraq invited international oil companies operating in the country’s Kurdish region for a meeting next week to help resume flows halted for about two years.

3 days ago·United States

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thecradle.co

Baghdad says Kurdish crude exports to resume 'imminently' despite denials by private firms

Iraq is under pressure from the US to resume Kurdish oil exports via pipeline to Turkiye after a two-year halt

3 days ago

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The National

Oil exports from Iraq's Kurdish region to resume next week, minister says

Resumption of crude flows would end a nearly two-year dispute with central government over oil supplies

3 days ago·Abu Dhabi, United Arab Emirates

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Reuters

+6 Reposted by 6 other sources

Iraq invites global oil firms for talks on Kurdistan contracts

Iraq's Ministry of Oil said on Saturday it had invited global foreign companies operating under the Association of the Petroleum Industry of Kurdistan (APIKUR) umbrella, along with firms contracted by the Kurdistan Regional Government (KRG), to a meeting in Baghdad on March 4.

4 days ago·United Kingdom

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