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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 |
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
18/09/2025
The Organization of the Petroleum Exporting Countries (OPEC) said its repeated calls for greater investment in the oil sector have been vindicated, responding to a new report by the International Ene
Asharq Al Awsat
12/09/2025
The Organisation of the Petroleum Exporting Countries left its oil-demand forecasts unchanged after agreeing to raise production again next month, doubling down on its strategy shift in a push for ma
Khaleej Times
09/09/2025
Oil prices climbed in early trade on Monday, trimming some of last week's losses, after OPEC+ agreed to slow the pace of output increases from October amid expectations of weaker global demand.
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