Iraq - TheIndianSubcontinent

Basra crudes tick lower amid global oil surge

2024-03-28T10:12:30+00:00

Shafaq News / The prices of Basra Heavy and Basra Intermediate crude oil edged lower 98 cents on Thursday, despite the rise in global oil prices.

The price of Basra Heavy crude oil reached $81.35, while the price of Basra Intermediate crude oil recorded $84.75.

Global oil prices edged up on

Details: Category: Iraq; Published: 29 March 2024

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Gold fluctuates across Iraq: Rise in Baghdad, dip in Erbil

2024-03-28T09:09:18+00:00

Shafaq News / Gold prices surged in Baghdad, falling in Erbil on Thursday, March 28, 2023.

Our correspondent reported that gold prices in Baghdad’s Al-Nahr Street rose this morning, recording a selling price per mithqal (equals to five grams) for 21-carat gold, including Gulf, Turkish, and

Details: Category: Iraq; Published: 29 March 2024

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Gold holds steady ahead of US data for more Fed clues

2024-03-28T08:52:55+00:00

Shafaq News / Gold prices steadied on Thursday, as investors digested comments from Federal Reserve Governor Christopher Waller on interest rate cuts and looked forward to more U.S. economic data for policy clues.

Spot gold was up 0.1% at $2,195.59 per ounce, as of 0503 GMT. U.S. gold

Details: Category: Iraq; Published: 29 March 2024

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USD/IQD exchange rate continue downward trend in Baghdad, Erbil

2024-03-28T07:48:07+00:00

Shafaq News / The exchange rates of the US dollar continued their decline against the Iraqi dinar on Thursday morning in Baghdad and Erbil.

Our correspondent reported that the dollar prices decreased with the opening of Al-Kifah and Al-Harithiya central stock

Details: Category: Iraq; Published: 29 March 2024

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Iraq ranks 5th as S.Korea's largest crude oil supplier in February

2024-03-28T08:48:48+00:00

Shafaq News / The Korean National Oil Corporation (KNOC) reported, on Thursday, that Iraq emerged as the fifth-largest source of crude oil during February.

KNOC stated that Saudi Arabia topped South Korea's list of oil suppliers last month, exporting 25.390 million barrels, followed by the

Details: Category: Iraq; Published: 29 March 2024

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2024-03-25T21:27:09+00:00

Shafaq News/ In the heart of Baghdad, the old tradition of "Majina Ya Majina" is being revived. This Ramadan, children in the neighborhood of Al-Fadl are once again going door-to-door singing the traditional song, asking for sweets and treats.

Dressed in traditional Baghdadi attire, the