Iraq raises oil exports through Turkey to 500,000 barrels a day
Published . Updated .
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The expansion of the Turkish route is important not only because it increases export volumes, but also because Baghdad is seeking to reduce Iraq's exposure to security and political instability.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- TUR iShares MSCI Turkey ETF
iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkey”).
- XOM ExxonMobil Holdings
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SHEL Shell
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | -1.54% | -1.29% | base | -7.16% | -6.32% | -13.84% | -12.25% |
| XLE | -0.51% | -2.20% | base | -3.91% | -4.71% | -9.28% | -11.35% |
| BWET | -4.39% | -3.93% | base | -2.78% | -10.37% | -24.41% | -28.03% |
| TUR | +4.46% | +4.34% | base | +2.27% | +2.27% | +7.02% | +3.63% |
| XOM | -1.45% | -2.77% | base | -4.00% | -5.21% | -9.49% | -11.72% |
| CVX | -1.54% | -2.69% | base | -3.20% | -4.38% | -7.92% | -8.59% |
| COP | -1.71% | -3.24% | base | -4.25% | -6.24% | -11.11% | -12.04% |
| SHEL | -1.66% | -3.31% | base | -3.46% | -4.13% | -6.32% | -7.91% |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Iraq raises oil exports through Turkey to 500,000 barrels a day Middle East Online
Source: Middle East Online
Energy
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | -2.78% | final price |
| BWET | the next day | -10.37% | final price |
| BWET | two days later | -24.41% | final price |
| BWET | three days later | -28.03% | final price |
| BWET | three days earlier | -3.93% | final price |
| BWET | five days earlier | -4.39% | final price |
| COP | that day | -4.25% | final price |
| COP | the next day | -6.24% | final price |
| COP | two days later | -11.11% | final price |
| COP | three days later | -12.04% | final price |
| COP | three days earlier | -3.24% | final price |
| COP | five days earlier | -1.71% | final price |
| CVX | that day | -3.20% | final price |
| CVX | the next day | -4.38% | final price |
| CVX | two days later | -7.92% | final price |
| CVX | three days later | -8.59% | final price |
| CVX | three days earlier | -2.69% | final price |
| CVX | five days earlier | -1.54% | final price |
| SHEL | that day | -3.46% | final price |
| SHEL | the next day | -4.13% | final price |
| SHEL | two days later | -6.32% | final price |
| SHEL | three days later | -7.91% | final price |
| SHEL | three days earlier | -3.31% | final price |
| SHEL | five days earlier | -1.66% | final price |
| TUR | that day | +2.27% | final price |
| TUR | the next day | +2.27% | final price |
| TUR | two days later | +7.02% | final price |
| TUR | three days later | +3.63% | final price |
| TUR | three days earlier | +4.34% | final price |
| TUR | five days earlier | +4.46% | final price |
| USO | that day | -7.16% | final price |
| USO | the next day | -6.32% | final price |
| USO | two days later | -13.84% | final price |
| USO | three days later | -12.25% | final price |
| USO | three days earlier | -1.29% | final price |
| USO | five days earlier | -1.54% | final price |
| XLE | that day | -3.91% | final price |
| XLE | the next day | -4.71% | final price |
| XLE | two days later | -9.28% | final price |
| XLE | three days later | -11.35% | final price |
| XLE | three days earlier | -2.20% | final price |
| XLE | five days earlier | -0.51% | final price |
| XOM | that day | -4.00% | final price |
| XOM | the next day | -5.21% | final price |
| XOM | two days later | -9.49% | final price |
| XOM | three days later | -11.72% | final price |
| XOM | three days earlier | -2.77% | final price |
| XOM | five days earlier | -1.45% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 19 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 63 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 19 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 40 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 61 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 68 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 70 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 73 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid the energy case looks
12 out of 100
“Iraq raises oil exports through Turkey to 500,000 barrels a day” scores 12 out of 100. The score uses 1 sources.