23/09/2025 – Agreement reached to restart Kirkuk–Ceyhan oil pipeline: Iraq-Kurdistan deal brings over 200,000 barrels per day back to market, crude oil prices under pressure – Read the other news
OIL: Crude oil prices reversed course yesterday evening, marking the fourth consecutive session of declines, with sales continuing this morning. The agreement reached between Iraq and Kurdistan to resume operations of the KRG pipeline, which has been shut down since March 2023, is expected to bring over 200,000 barrels per day back to the market, putting further pressure on supply.