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A service for energy industry professionals · Friday, June 5, 2026 · 917,720,833 Articles · 3+ Million Readers
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OPEC Iraq News Monitoring

  • Published on Jun 3, 2026

    Business InsightsThe Iran war is no reason to flee stocks or fear runaway inflation

    My March 30 column on why the Iran war wouldn’t hammer stocks or global economies for long triggered scepticism. War fear is understandable. However, this sentiment really shows the “Wall of Worry” bull markets proverbially climb remains high. Let us …

    Source: The National News - Pro-Government
  • Published on May 12, 2026

    War delays Iraq’s gas import project

    The Middle East conflict has blocked Iraq’s plans to import gas via its first offshore terminal, which could aggravate power shortages during the peak summer season. The start-up of Iraq’s first LNG import terminal, planned to be based at the Port of Khor …

    Source: Zawya - Indeterminate
  • Published on May 13, 2026

    Saudis Tell OPEC That Oil Output Sank Again to Lowest Since 1990

    The kingdom told the organization that output fell by another 651,000 barrels a day in April to 6.316 million a day, according to a monthly report from OPEC’s secretariat obtained by Bloomberg on Wednesday. It brings the loss since February to 42%, and …

    Source: Financial Post - Center-right
  • Published on May 12, 2026

    Iraq crude exports to US halve despite 4M+ output

    2026-05-12T11:43:47+00:00 font Enable Reading Mode A- A A+ Shafaq News- Baghdad/ Washington Iraq’s crude oil exports to the United States fell by nearly half within one month despite the country maintaining oil production above 4 million barrels per …

    Source: Shafaq News - Indeterminate
  • Published on May 12, 2026

    Does OPEC Still Matter?

    On April 28, the United Arab Emirates announced that it would leave OPEC, effective May 1 — ending nearly six decades as an OPEC member. In terms of oil production, it is the most significant country to leave the group. While multiple factors drove the …

    Source: War on the Rocks - Neutral
  • Published on May 11, 2026

    Iraq Raises June Basrah Medium Crude Price to Asia to $4.30 a Barrel

    Iraq has raised the June official selling price for Basrah Medium crude oil to Asia to $4.30 a barrel against the average of Oman/Dubai quotes from the May OSP of $17.30 a barrel, state-owned Iraqi oil marketer SOMO said on Sunday. Basra Heavy to Asia …

    Source: Asharq Al-Awsat - Pro-Government
  • Published on May 12, 2026

    Could the UAE’s exit from OPEC reshape the global oil market?

    This article was published as part of a partnership with the Institute for Energy Strategy. The United Arab Emirates has officially withdrawn from the OPEC and OPEC+ frameworks, a move that immediately sparked debate about the future of the organisation …

    Source: CEENERGYNEWS - Indeterminate
  • Published on May 11, 2026

    Egypt-China consortium launches $71M Iraq oil sector project

    2026-05-11T08:13:53+00:00 font Enable Reading Mode A- A A+ Shafaq News- Baghdad A consortium including Egypt’s Nasr General Contracting Company, a subsidiary of Hassan Allam Holding, and China’s EBS has launched a $71 million residential and logistics …

    Source: Shafaq News - Indeterminate
  • Published on May 11, 2026

    Reuters Survey Shows OPEC Oil Output At 26-Year Low Amid Iran War

    OPEC oil output has declined to its lowest level since 2000, with production falling by 830,000 barrels per day (bpd) to an average of 20.04 million bpd in April, according to a Reuters survey published Monday. Kuwait recorded the largest production drop, …

    Source: Oil Price - Neutral
  • Published on Jun 2, 2026

    Ian Bremmer on the Risks America Poses to the World

    Over the past month, there are two dominant stories in American foreign policy. One, of course, is the war with Iran. The other is the much anticipated summit between President Trump and Xi Jinping of China. And I think if you look closely at both of these …

    Source: The New York Times - Neutral
  • Published on May 10, 2026

    Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman adjust production and reaffirm commitment to market ...

    The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 3 May 2026, to review global market conditions and …

    Source: Hellenic Shipping News - Neutral
  • Published on May 8, 2026

    Is the “Iraq Trap” About to Return?

    Iraq once again stands at a dangerous crossroads. Trapped in a fragmented power‑sharing system and caught between security dependence on the United States and economic subordination to Iran, the finding a path to national reconstruction.   On April 28, …

    Source: China-US Focus - Pro-Government
  • Published on Jun 1, 2026

    US stocks were ultimately mostly higher amid tech strength, but with price action choppy on mixed geopolitical headlines ...

    US stocks ultimately closed mostly higher on Monday, although gains were concentrated in large-cap tech, while the Russell 2000 underperformed and broader sector breadth remained weak outside of Technology and Energy, with tech supported by strength in …

    Source: Zero Hedge - Right-wing
  • Published on May 8, 2026

    Is Iraq’s Seven-Day Oil Recovery Claim Realistic?

    Iraq’s claim that it can restore oil production and exports within seven days of a Strait of Hormuz reopening may reassure markets, but the process would not be simple. Iraqi officials, including Deputy Oil Minister Basim Mohammed and Basra Oil Company …

    Source: Middle East Forum - Pending
  • Published on Jun 2, 2026

    US emerges as India’s largest source of LPG amid Gulf disruption, Russia remains top crude supplier

    New Delhi: The US has emerged as India’s largest supplier of liquefied petroleum gas (LPG), accounting for 55 percent of the country’s imports in May 2026, compared to 14 percent in February. This underscores a major shift in energy sourcing since …

    Source: The Print - Neutral
  • Published on May 11, 2026

    Daily on Energy: Gas tax suspension, OPEC oil lows, and EPA tackles permitting

    WHAT’S HAPPENING TODAY: Good afternoon and happy Monday, Daily on Energy readers! It started out as a dreary day here in Washington, D.C., and if you’re looking for some good music to match the mood, your resident New Englander (Callie) would definitely …

    Source: Washington Examiner - Pending
  • Published on May 21, 2026

    Could renewed Middle East tensions trigger another global oil price shock?

    The Middle East has long occupied a central position in the global energy system. Home to some of the world's largest oil producers and critical shipping routes, the region plays a decisive role in determining energy supplies, market stability and …

    Source: News.Az - Pro-Government
  • Published on May 8, 2026

    UAE’s OPEC exit may not be a bad thing, after all

    After repeatedly threatening to leave OPEC, from as far back as 2021, the United Arab Emirates finally left the oil cartel on May 1. The reasons it gave are much the same: the UAE has been unhappy about the quotas assigned to it, and Saudi Arabia’s …

    Source: Financial Mirror - Neutral
  • Published on May 8, 2026

    UAE exit deepens OPEC’s fading pricing influence

    The departure of Abu Dhabi ends more than five decades of membership and removes one of Organisation of the Petroleum Exporting Countries (OPEC)’s most capacity-rich producers. For oil-dependent economies unable to expand output, the implications are …

    Source: Business Day - Neutral

25 days 22:40:04

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  • Published on June 5, 2026 - 20:19 GMT

    Huntsville Center’s Energy Resilience Program

    REDSTONE ARSENAL, Ala. – The U.S. Army Engineering and Support Center, Huntsville plays a central role in advancing the Army’s energy resilience efforts through the Energy Resilience and Conservation Investment Program, ERCIP, a Department of Defense …

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  • Published on June 5, 2026 - 20:05 GMT

    Hallador Selected by Department of Energy for ~$27.2 Million Award Negotiations

    TERRE HAUTE, Ind., June 05, 2026 (GLOBE NEWSWIRE) -- Hallador Energy Company (Nasdaq: HNRG) (“Hallador” or the “Company”) today announced that its subsidiary, Hallador Power Company, LLC (“Hallador Power”), was selected by the U.S. Department of Energy’s …

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