Friday, August 21, 2026

U.S. Envoy to Baghdad Expresses Iraqi Oil Interest

From UPI U.S. companies are committed to building their bilateral relationship in Iraq, especially in the oil and gas sector, the U.S. ambassador told Iraq’s oil minister. U.S. Ambassador Douglas Silliman led a delegation to Baghdad to meet with Iraqi Oil Minister Jabbar al-Luaibi to discuss bilateral cooperation in the Iraqi enegy sector. Both men were quoted Thursday by the

OPEC Oil Cut Adherence Rises in Dec. as Venezuela Output Slides

From Reuters OPEC deepened compliance with an oil supply-cutting deal in December due to a further decline in Venezuelan output and extra cuts by Gulf exporters, a Reuters survey found, showing strong commitment to the deal despite higher prices. Adherence to the curbs rose to 128 percent from 125 percent in November, the survey found. The United Arab Emirates for