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BUSINESS

Russia's Rosneft second quarter net profit down 15% on tainted oil crisis

Russia’s largest oil producer Rosneft posted on Wednesday (August 20) a 15% fall in second quarter net profit hit by lower prices and weak oil production due to a domestic crude contamination crisis.


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Iraqi dinar exchange rates (August 21)

The US dollar to Iraqi dinar (IQD) exchange rate was up on the Kurdistan Region’s currency markets on Wednesday (August 21).


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Crude oil prices (August 21)

Crude oil prices remained up on Wednesday (August 21).


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Rosneft intake restrictions bring quarterly oil production dip

Rosneft’s daily oil output fell 2.7% in the second quarter from the previous three months, the Russian oil company said on Tuesday, mainly because of restrictions introduced by pipeline operator Trans


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Iraqi dinar exchange rates (August 20)

The US dollar to Iraqi dinar (IQD) exchange rate was stable on the Kurdistan Region’s currency markets on Tuesday (August 20).


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Crude oil prices (August 20)

Crude oil prices remained up on Tuesday (August 20) compared to the previous close.


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Iraqi dinar exchange rates (August 19)

The US dollar to Iraqi dinar (IQD) exchange rate was down today on the Kurdistan Region’s currency markets on Monday (August 19).


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Crude oil prices (August 19)

Crude oil prices were up on Monday (August 19) compared to the previous close.


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Iraqi dinar exchange rates (August 18)

The US dollar to Iraqi dinar (IQD) exchange rate was down today on the Kurdistan Region’s currency markets on Sunday (August 18).


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Crude oil prices (August 18)

Crude oil prices were stable on Sunday (August 18) compared to the previous close.


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Iraqi dinar exchange rates (August 17)

The US dollar to Iraqi dinar (IQD) exchange rate on the Kurdistan Region’s currency markets on Saturday (August 17).


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Crude oil prices (August 17)

Crude oil prices were down on Saturday (August 17) compared to the previous close.


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OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday (August 16) as economic growth slows and highlighted challenges in 2020 as rivals pump more, building a case to keep up an O


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Crude oil prices (August 16)

Crude oil prices were down on Friday (August 16) compared to the previous close.


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Crude oil prices (August 15)

Crude oil prices were down on Thursday (August 15).


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Inverted yield curve rattles investors wary of dying stock bull market

A closely watched section of the US yield curve inverted on Wednesday for the first time in over 12 years, rattling investors already worried that a US-China trade war might trigger a global recession


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Crude oil prices (August 14)

Crude oil prices on Wednesday (August 14).


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Oil prices drop on weak China economic data, US stocks rise

Oil prices fell on Wednesday (August 14) on disappointing economic data from China and a rise in US crude inventories, erasing some of the sharp gains in the previous session on signs of an easing in


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Crude oil prices (August 12)

Crude oil prices were down on Monday (August 12) compared to the previous close.


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Goldman Sachs says fears rising that US-China trade war leading to recession

Goldman Sachs Group said on Sunday (August 11) that fears of the US-China trade war leading to a recession are increasing and that Goldman no longer expects a trade deal between the world’s two larges


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