Day: April 1, 2024

Oil Rises as Investors Bet on Tighter Supply

Singapore, Oil prices rose on Monday, adding to recent gains amid expectations of tighter supply from OPEC+ cuts and as upbeat Chinese manufacturing data supported outlooks for improving demand.

Brent crude rose 29 cents, or 0.3%, to $87.29 a barrel….

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Iraq: 52 Oil Wells Drilled, Reclaimed in Q1 2024

Baghdad, The Iraqi Ministry of Oil announced that it has succeeded in drilling and reclaiming 52 oil wells during the first quarter of 2024.

Director General of the Iraqi Drilling Company of the Ministry of Oil, Khalid Hamza Abbas stated that the com…

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