Russia and Iran have yet to agree on details of an oil-for-food deal, highlighting global pressures on both countries.» Read More
*Brent could test $100, but should meet strong support. SINGAPORE, Aug 19- Brent crude edged up towards $102 a barrel on Tuesday, but stayed near a 14- month low reached in the previous session on weak demand and easing concerns over risks to supply.
TOKYO, Aug 19- U.S. crude oil futures rose on Tuesday to recoup some losses from the previous day when prices dropped as investor concerns over conflict in Iraq and Ukraine eased. *Dozens of people, including women and children, were killed as they fled fighting in eastern Ukraine on Monday when their convoy of buses was hit by rocket fire, military spokesmen said.
This group is the point of the spear against Islamic extremism. So why is the US ignoring them?, asks David Phillips.
TOKYO, Aug 18- U.S. crude oil futures inched down on Monday following gains in the previous session, dragged lower by signs of increased supply from Libya and on easing tensions over Ukraine. *U.S. crude futures for September delivery had fallen 45 cents to $96.90 a barrel by 0007 GMT, after jumping $1.77 on Friday.
A bank account at an Arab Bank's branch in Beirut, unremarkable except for the name: Osama Hamdan, a spokesman for Hamas, the NYT reports.
BAGHDAD, Aug 13- Nuri al-Maliki stuck to his guns and refused to accept his removal as Iraq's prime minister on Wednesday, but his hold on power was tenuous as Iran's supreme leader, a long-time Maliki ally, publicly backed his replacement.
NEW YORK, Aug 12- Brent crude oil hit a 13- month low on Tuesday as ample North American production outweighed concern over supply from the Middle East, while stocks and the euro were pressured by plunging investor morale in Germany, Europe's largest economy.
NEW YORK, Aug 12- Brent crude oil hit a nine-month low on Tuesday as ample North American production outweighed concern over supply from the Middle East, while stocks and the euro were pressured by plunging investor morale in Germany, Europe's largest economy.
BAGHDAD, Aug 12- Iraq's new prime minister-designate won swift endorsements from uneasy mutual allies the United States and Iran on Tuesday as he called on political leaders to end crippling feuds that have let jihadists seize a third of the country.
Haider al-Ibadi has plenty on his plate. Designated the next prime minister of Iraq, he first has to make sure incumbent Nouri al-Maliki quits.
*Worries persist about Gaza, Iraq and Ukraine. NEW YORK, Aug 11- U.S. government debt yields were little changed on Monday, hovering near recent lows as traders clung to their safe-haven bond holdings on anxiety about tensions in the Middle East and Ukraine.
The US airstrikes in Iraq came just in time; here's what needs to happen next, says former White House adviser David L. Phillips.
BAGHDAD/ WASHINGTON, Aug 8- U.S. warplanes bombed Islamist fighters marching on Iraq's Kurdish capital on Friday after President Barack Obama said Washington must act to prevent "genocide".
BAGHDAD/ WASHINGTON, Aug 8- U.S. warplanes struck Iraq on Friday for the first time since American troops pulled out in 2011, attacking Islamist fighters advancing towards the Kurdish region after President Barack Obama said Washington must act to prevent "genocide".
MOSCOW, Aug 6- After eight months of talks, Russia and Iran have yet to agree concrete details of a large oil-for-food deal, highlighting the difficulties the two major energy producers face in overcoming sanctions from the West. On Tuesday, Russia puzzled markets when it first said the landmark deal had been agreed with Iran- but later withdrew the statement.
*China and India still top buyers of Iran's oil. LONDON, Aug 6- Iran's oil exports slipped for a second month in July, yet sales remained above the limit set by the West under an interim deal aimed at curbing Iran's nuclear program, according to sources who track tanker shipments.
A Gaza ceasefire hes held and U.S. Secretary of State John Kerry linked a lifting of blockades of the devastated enclave to Hamas giving up its rocket arsenal.
London, Aug 6- Brent crude oil rose towards $105 a barrel on Wednesday, bouncing from its lowest close in nine months after industry data showed a large drop in U.S. crude stocks last week.
SINGAPORE, Aug 6- Brent crude rose towards $105 a barrel on Wednesday, bouncing off a nine-month low hit in the previous session after industry data showed a large drop in U.S. crude stocks last week. The Brent oil contract for prompt delivery advanced 20 cents to $104.81 per barrel by 0506 GMT, after settling on Tuesday at its lowest since Nov. 7 last year.
SINGAPORE, Aug 6- Brent crude rose to around $105 a barrel on Wednesday, bouncing off a nine-month low hit in the previous session after industry data showed a large drop in U.S. crude stocks last week. The Brent oil contract for prompt delivery advanced 30 cents to $104.91 per barrel by 0335 GMT, after settling on Tuesday at its lowest since Nov. 7 last year.