The Ministry of Industry and Minerals in Iraq announced new measures to improve industrial output and local production in the country. These measures, part of the wider "Made in Iraq" campaign, are intended to boost self-sufficiency, reduce imports and diversify the economy away from oil.

According to the Iraqi Oil Ministry, the country exported over 110 million barrels of crude oil in the month of May, bringing in over $7 billion in revenues.

Amman - According to some fruit and vegetable dealers on the borders with Iraq and Syria, since the reopening of the borders the export market has been affected by a "tense trade atmosphere". However, the Jordanian Ministry of Industry, Trade and Supply has rebuked this statement.

During the month of January, oil from Iraq’s southern provinces are holding close to a record high for 2019. This could raise question whether OPEC’s second-largest producer is following through on the deal to cut output.

Jordan is on a mission to rejuvenate trade with its neighbour, Iraq, as regional competitors scramble for footholds in the country. However, Jordanian officials have voiced their concerns about competitiveness within the export sector.

Iraq’s new oil minister has made it abundantly clear that little should stand in Baghdad’s path to boosting its crude production capacity in 2019 to 5 million barrels per day.

The Iraqi Ministry of Oil confirms reports that Iraq has restarted oil exports in Kirkuk after a long halt caused by tensions between Baghdad and Erbil.

Despite the recent unrest in the southern regions of Iraq, the money made from oil exports from the south has reached its peak in September.

In Basra, south of Iraq, more than 14,000 cases recorded in the past two weeks related to the consumption of unclean water. As a result political and tribal leaders from the oil hub have threatened to obstruct crude exports if their demands are not met.

Saudi Energy Minister Khalid Falih announced that his country resumed oil exports via the Bab el-Mandeb Strait, amid Egyptian fears that a decrease in traffic in the popular shipping corridor could impact Suez Canal revenues.

In Iraq's Southern ports, oil export has increased from 3.490 million bpd in May to 3.521 million bpd in June, says Asim Jihad the spokesperson for Iraq's Oil Ministry. Iraq is OPEC's second largest producer.

UN resolutions have deemed all oil exports made by the unrecognised government of the eastern regions of Libya to be illegal.

The National Institute of Statistics, a government agency in Tunisia has revealed that the country's export to import rose to 72%. According to the Institute the deficit in trade amounted to at least $2.6 billion.

Spokesperson for the Iraqi Oil Ministry, Assem Jihad, stated that Iraq has exported more than 100 million barrels of oil during the month of April. The statistic did not record exports from Kirkuk as production has halted since last October'c crisis. 

LONDON: Oil exports from southern Iraq have fallen by 70,000 barrels per day (bpd) this month, according to shipping data...

Homesick Syrians in Germany looking for reminders of home are contributing businesses that export food and consumables from Syria.