CommoditiesJuly 31 at 06:37 AM

Production unaffected after fire breaks out at crude oil accumulation site in Al-Ahdab oil field in Iraq's Wasit Governorate

StockNow breaking-news AI analysis

A fire at Iraq's Al-Ahdab oil field today did not impact production, allowing the country to maintain its strategy of expanding oil capacity to 5.5 million bpd by year-end.

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Today's market highlights

A selection of stories drawing attention in the market.

Geopolitics

US President Trump says the Iran war is going well; US is hitting Iran hard and "we just keep winning", according to Fox News

Commodities

CPC said to have discussed "indefinite" halt of oil and tanker operations; will make decision later today; may halt oil operations until safety guarantees from other states

Politics

US Treasury has reportedly informed banks that it may intervene in the Yen market on Friday, according to sources

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