Oil prices closed higher on Tuesday, reaching their highest level this month, with increasing supply disruptions and traders betting that demand will grow if the Federal Reserve/US Central Bank/cuts borrowing costs this week. Brent crude futures rose 95 cents, or 1.3 percent, to $73.70 a barrel. In turn, US crude futures rose $1.10, or 1.6 percent, to $71.41 a barrel. Source: National Iraqi News Agency
Al-Harouj Oil Operations Boosts Production with New Amal Field Well
Tripoli: Al-Harouj Oil Operations has successfully commenced production from well B79A at the Amal Field, marking a significant achievement in the region’s oil extraction efforts. The National Oil Corporation (NOC) revealed that the drilling and commi…