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FINANCIAL NEWS
Iraq’s oil exports to drop in June
30 Jun 2016
(MENAFN) Iraq’s oil exports will drop in June for a second month, while supply growth from OPEC’s second-largest producer is slowing in this recent year.
Additionally, Iraq’s southern exports in the cited month have averaged 3.14mn barrels per day, which would be down 60,000 bpd from May.
However, Iraqi exports may face several issues, technical constraints, slower production growth and some competition in the market from Iran.
Moreover, Northern shipments of crude from fields in Kurdistan region have decreased to 480,000 bpd in June, from 510,000 bpd in May.
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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