TotalEnergies’ US$27 billion integrated development in Iraq is nearing completion, with the Oil Ministry reporting 80%–95% progress across key components that are poised to reshape the country’s upstream and export capacity. The project’s ramp-up, including a major Central Processing Facility and the Artawi-PS1 export pipeline, could influence future supply dynamics relevant for Oil – Brent Crude, Oil – US Crude, and Natural Gas.
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Over the past month, Brent has gained about 7.53% while WTI is up roughly 7.40%, reflecting tighter expected balances, and both currently carry a 1-day technical signal of Strong Buy% and Strong Buy%, respectively. Natural gas has advanced about 9.20% over the same period, but short-term momentum screens as weaker, with a 1-day signal of Sell%, suggesting traders are cautious despite the medium-term upside in gas-linked infrastructure. Investors can explore more updates, prices, and analysis across global markets at Commodities.