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Tag: OPEC+ oil quota

Iraq urges OPEC to raise its quota

Posted on June 25, 2026 By admin
Iraq urges OPEC to raise its quota

Image used for representative purpose only. | Photo Credit: Reuters Iraq has urged OPEC to increase its oil production quota considering the country’s history of conflicts and the recent regional war that have damaged its industry, the Oil Ministry said on Thursday (June 25, 2026). Like other oil producers, Iraq, a founding member of OPEC,…

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Oil prices rise more than $2 on Israel strikes on Lebanon

Posted on June 8, 2026 By admin
Oil prices rise more than  on Israel strikes on Lebanon

Emergency personnel work at the site of an Israeli strike on the southern suburbs of Beirut, Lebanon on June 7, 2026. | Photo Credit: Reuters Oil ⁠prices were up more than $2 a barrel on Monday (June 8, 2026) after Israel on Sunday (June 7) launched renewed strikes on Lebanon despite a truce between the…

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