WIRE
BLOOMBERGIraq Shifts Oil Strategy by Arranging Tanker to Move Past Hormuz1HTHE NEW REGIONTwo Iraqi soldiers killed by IED explosion in Nineveh: Ministry1HRUDAWPMF law not linked to armed groups’ weapons control deadline: Spox2HTHE NATIONALIraq transports its oil past Hormuz for first time in decades as war with Iran chokes exports2HTHE NEW REGIONKRG delegations in Baghdad to discuss budget, September salaries: Source3HIRAQI NEWSIraq’s Real Estate Bank challenges legality of Zayouna Gate project6HTHE NEW REGIONIran congratulates Iraq on US-led coalition withdrawal, stresses accountability6HIRAQI NEWSIraq transits 2M barrels past Hormuz on VLCC in decades-first shipping shift6HIRAQI NEWSIraq studies raising oil export capacity through Turkey’s Ceyhan6HMIDDLE EAST EYEIran welcomes exit of US forces from Iraq, calls for Washington to be held accountable13HSHAFAQShafaq News..Iraq ranks third among Arab gold holders13HSHAFAQShafaq News..Limited quota restricts Iraq to 5.5% Hajj applicants13HBASNEWSAl-Zaidi: Iraq Enters New Phase of Full Sovereignty After Coalition Mission Ends14HREUTERSIraq says it transported 2 million barrels of crude through Strait of Hormuz15HRUDAWKurdistan Region delegation to visit Baghdad for 2027 budget talks16HSHAFAQShafaq News..Iraq, Turkiye advance draft Ceyhan oil export deal16H
Iraq Monitorعين على العراقPrimary-source intelligence

External breakeven oil price — IMF

72.5latest · 2023

IMF Regional Economic Outlook (via FRED) projects 86.66 for 2024 — a forecast, drawn dashed in the chart’s shaded band, not a reading.

SOURCE STOPPED · LAST 2023

The oil price at which the IMF reckons Iraq’s current account balances — what the country must earn per barrel to pay for its imports without running down reserves. Lower than the fiscal breakeven: the state needs more from oil than the economy does.

VS PREVIOUS+13%HIGH · FULL RECORD108.32013LOW · FULL RECORD36.392005OBSERVATIONS20
40608010012020132016201920222025
72.5 USD/bbl · 2023-12-31 · LATEST
Dashed line in the shaded band is the publisher’s projection, not a reading