Texas Roadhouse earnings missed by $0.05, revenue topped estimates
Investing.com -- Drone attacks on oilfields in Iraq’s Kurdistan region have reduced crude production by approximately 140,000 to 150,000 barrels per day (bpd), according to two energy officials on Wednesday.
The attacks this week targeted several oilfields including Shaikan, Tawke, Peshkabir, Sarsang and Ain Sifni. These strikes forced operators to halt production and conduct damage assessments.
Companies operating in the region, including Gulf Keystone and DNO, confirmed they have temporarily shut down operations due to safety concerns following the drone strikes.
The production disruption represents a significant portion of the Kurdistan region’s oil output capacity, which has been an important source of crude exports from Iraq.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.