Iraq Oil Minister chairs monthly pricing meeting

Source: www.gulfoilandgas.com 2/9/2025, Location: Middle East

Deputy Prime Minister for Energy Affairs and Minister of Oil, Eng. Hayan Abdul-Ghani Al-Sawad, chaired the second monthly pricing meeting for the year 2025. The meeting was attended by the Undersecretary of the Ministry for Extraction Affairs, the Undersecretary of the Ministry for Refining Affairs, the General Managers of the Oil Marketing Company and departments, and representatives of the concerned companies. During the meeting, analytical research on global markets, levels of supply and demand for crude oil, price rates and expectations of their rise and fall were reviewed, in order to determine the prices of Iraqi oil for global markets.





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