يحاول ذهب - حر
Oil falls as Iraq restores oil field output, Ukraine talks continue
December 10, 2025
|Business World Philippines
Oil prices slipped 2% on Monday after Iraq restored production at one of its oil fields which accounts for 0.5% of world oil supply, while investors weighed ongoing talks to end the war in Ukraine.
-
Brent crude futures were down $1.26, or 1.98%, at $62.49 a barrel, while US West Texas Intermediate (WTI) crude was at $58.88, down $1.20, or 2%.
Iraq restored production at Lukoil’s West Qurna 2 oil field, one of the world’s largest, after a leak on an export pipeline slashed its output, two Iraqi energy officials told Reuters on Monday.
Prices had marginally pared losses earlier after sources told Reuters that Iraq had shut down production at the field, which produces around 460,000 barrels per day.
Both contracts closed Friday's trading session at their highest levels since Nov. 18.
هذه القصة من طبعة December 10, 2025 من Business World Philippines.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Business World Philippines
Business World Philippines
Tanduay reenters the brandy market with Torres Brandy
TANDUAY is banking on the over 90 years of history of the Spanish brandy they're distributing this year, Torres Brandy.
2 mins
February 05, 2026
Business World Philippines
Batangas emerges as key growth area for horizontal residential developments
BATANGAS CONTINUES to emerge as one of the country’s most promising growth areas for horizontal residential developments as property developers respond to sustained end-user demand, improving infrastructure, and the growing appeal of suburban living outside Metro Manila.
1 mins
February 05, 2026
Business World Philippines
Eala-Tjen secures quarters slot
SEA sisters stun higher-ranked Fernandez-Mladenovic duo
2 mins
February 05, 2026
Business World Philippines
We had a lot, not a little, lamb
PUT TOGETHER Meat & Livestock Australia (MLA) and a dozen Tagaytay restaurants and you get a lamb-a-palooza!
2 mins
February 05, 2026
Business World Philippines
ASEAN trade and China exports dominance
As it is the Chair of the Association of Southeast Asian Nations (ASEAN) this year, the Philippines is hosting many meetings prior to the ASEAN Summit plus related summits with major economies — the US, Canada, Japan, Korea, India, Australia, Russia, the EU, etc. — in November.
2 mins
February 05, 2026
Business World Philippines
Cebu unveils MICE Guidebook at ASEAN Tourism Forum
CEBU REINFORCED its growing stature as a leading meetings, incentives, conferences, and exhibitions (MICE) destination in Southeast Asia with the official launch of the Cebu MICE Guidebook during the ASEAN Tourism Forum's Travel Exchange (TRAVEX), held at the Mactan Expo in Mactan Newtown.
1 min
February 05, 2026
Business World Philippines
Gold bullion, silver prices bounce back
GOLD and silver prices rebounded sharply on Tuesday after a steep selloff over the previous two sessions, with the bullion on track for its biggest daily rise since November 2008 as bargain hunters stepped in amid resilient underlying fundamentals.
1 mins
February 05, 2026
Business World Philippines
PHL becoming ‘dumping ground’ for surpluses of other rice producers
FOREIGN RICE producers are using the Philippines as a “dumping ground” for their excess production, the Kilusang Magbubukid ng Pilipinas (KMP) said in a statement.
2 mins
February 05, 2026
Business World Philippines
LANDBANK posts record profit
LAND BANK of the Philippines (LANDBANK) saw its net income grow by 24.38% year on year to a record-high P43.98 billion in 2025 on continued lending to its mandated sectors.
1 mins
February 05, 2026
Business World Philippines
A promising step toward tax audit reform
TAXWISE OR OTHERWISE
5 mins
February 05, 2026
Listen
Translate
Change font size