16 Hrs
وكالة بغداد اليوم الاخبارية
المصدر:

وكالة بغداد اليوم الاخبارية

2026-09-05T13:39:31.000Z

الأكثر قراءة

Masoud Barzani Pays Tribute to Family Elder

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17 Hrs2026-09-05T12:45:35.000Z
Masoud Barzani Pays Tribute to Family Elder

Rising Flights via Iraqi Airspace

وكالة الانباء العراقية (واع)وكالة الانباء العراقية (واع)وكالة الانباء العراقية (واع)
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Rising Flights via Iraqi Airspace

Bisent: Iran peace may lower oil costs

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23 Hrs2026-09-05T06:45:33.000Z
Bisent: Iran peace may lower oil costs

U.S. Treasury Eyes $40 Oil Post-Iran Conflict

وكالة الانباء العراقية (واع)وكالة الانباء العراقية (واع)وكالة الانباء العراقية (واع)
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U.S. Treasury Eyes $40 Oil Post-Iran Conflict

Forecast for falling temps and rain

المدىالمدىالمدى
23 Hrs2026-09-05T06:11:16.000Z
Forecast for falling temps and rain
وكالة بغداد اليوم الاخبارية

المصدر: وكالة بغداد اليوم الاخبارية

16 Hrs
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Expert highlights problem with new oil pricing model

Expert highlights problem with new oil pricing model

The report indicates that the new pricing model for domestically consumed crude oil in Iraq is based on determining the refining cost of oil to be between $7 and $7.7 per barrel, with approximately 7,000 Iraqi Dinars allocated to cover refining expenses. According to this model, Iraqi refineries achieve a profit margin of around 2,700 Dinars. Additionally, transportation, refining, and processed oil costs are paid by the General Company for Petroleum Products Distribution at a rate of about 60,000 Dinars per barrel, within a global price estimated at $65 after a 30% discount. However, this model faces a key challenge: the burden of covering all operational and investment expenses of the oil companies falls on the state’s general budget, despite the profits made by the Distribution Company from selling petroleum derivatives at subsidized and international prices.

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