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Iraq Starts Work On Rehabilitating Turkey Export Pipeline
...Iraq’s State Company for Oil Projects (SCOP) said on 12 February that it had begun rehabilitating the federal portion of the Iraq-Turkey Pipeline (ITP). The old 1.6mn b/d pipeline suffered extensive damage in 2014 when the Islamic State took over large areas of northern Iraq. It extends from Sa...
Volume: 69Issue: 08Published at Fri, 20 Feb 2026 -
Opec Basket Tops $100/B
...The Opec Basket of crude export grades hit $101.22/B on 24 February, up $5/B on a day earlier as Russia invaded Ukraine and $23/B up on the start of 2022. This marks the first time over $100/B in over seven years – since 1 September 2014. The basket opened up a gap on Brent, which settled at $99...
Volume: 65Issue: 08Published at Fri, 25 Feb 2022