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Iraq

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  • NEW YORK, Aug 19- U.S. crude oil lost nearly $2 on Tuesday, falling for a second straight day as a rush of selling ahead of the session close brought the contract to its lowest price since January.

  • Brent crude oil for delivery in October was up 4 cents at $101.64 a barrel at 12:56 p.m. EDT, after falling to $101.07, the lowest level since June 2013, the same month Brent prices were last below $100 a barrel.

  • NEW YORK, Aug 19- Brent crude prices fell to a 14- month low on Tuesday, giving up early gains as recovering Libyan output, sustained Iraqi production and weak demand offset concerns about threats to supply.

  • DUHOK, Iraq/ ANKARA, Aug 19- The capacity of Iraqi Kurdistan's independent oil pipeline will almost double to at least 200,000 barrels per day by the end of this month, increasing the semi-autonomous region's exports and revenue, industry sources and officials said.

  • *Lukoil says operations in Iraq unaffected by violence. MOSCOW, Aug 19- Lukoil, Russia's second biggest oil producer, said on Tuesday it had shipped 1 million barrels of oil produced from southern Iraq's giant West Qurna-2 oilfield, its first shipment from the field, despite a surge of violence in Iraq.

  • President Obama addresses events in Ferguson, Missouri.

  • *Kurdish forces make progress in Iraq against militants. NEW YORK, Aug 18- Brent crude oil shed nearly $2 a barrel to reach its lowest price in over a year on Monday as investor concerns over conflict in Ukraine and Iraq eased, and as higher Libyan oil output added to already ample supplies.

  • They're saving Yazidis yet ignored by the US—why? Monday, 18 Aug 2014 | 2:05 PM ET
    A Yazidi fighter who recently joined the Kurdish People's Protection Units gestures while securing a road in Mount Sinjar, August 13, 2014.

    This group is the point of the spear against Islamic extremism. So why is the US ignoring them?, asks David Phillips.

  • Pope Francis endorses force in Iraq: Report     Monday, 18 Aug 2014 | 1:43 PM ET

    CNBC's Sara Eisen reports U.S. airstrikes are helping Kurdish and Iraqi ground forces retake portions of a strategic dam that was captured by Islamic militants, and Pope Francis has endorsed the use of force in Iraq.

  • *Kurdish forces make progress in Iraq against militants. NEW YORK, Aug 18- Brent crude oil shed more than $2 a barrel to reach its lowest price in over a year on Monday as investor concerns over conflict in Ukraine and Iraq eased, and as higher Libyan oil output added to already ample supplies.

  • *Kurdish forces make progress in Iraq against militants. NEW YORK, Aug 18- Brent crude oil sunk by more than $2 a barrel to its lowest price in over a year on Monday as investor concerns over conflict in Ukraine and Iraq eased, and as higher Libyan oil output added to already ample supplies.

  • Fugitive Iraqi VP: Iraq on brink of 'civil war' Monday, 18 Aug 2014 | 11:28 AM ET

    Fugitive Vice President Tarek al-Hashemi warns that U.S. air strikes would do nothing to end the violence.

  • *Libya raises oil output to 535,000 bpd. *Kurdish forces make progress in Iraq against militants. LONDON, Aug 18- Oil fell below $102 a barrel to its lowest in over a year on Monday as investor concerns over conflict in Ukraine and Iraq eased, and as higher Libyan oil output added to already ample supplies.

  • *Kurdish forces make progress in Iraq against militants. LONDON, Aug 18- Oil fell more than $1 a barrel to trade below $103 on Monday as investor concerns over conflict in Ukraine and Iraq eased, and as higher Libyan oil output added to already ample supplies.

  • *Russia sees progress in Ukraine talks. SINGAPORE/ LONDON, Aug 18- Brent crude fell more than $1 to trade below $102.5 a barrel on Monday, as the threat of wider conflict in Ukraine diminished, oil output increased in Libya and worries eased over supply from key producer Iraq.

  • CNBC's Hadley Gamble reports on the humanitarian crisis stemming from the violence in Iraq as refugees flee to the Middle Eastern surrounding countries.

  • The United States carried out air strikes in Iraq against Islamic State fighters near the Kurdish capital of Irbil and the Mosul dam, which is under control of the militants.

  • *Libya raises oil output to 535,000 bpd. SINGAPORE, Aug 18- Brent crude fell more than $1 to trade below $103 a barrel on Monday as Libya increased its oil output and as worries over supply from key producer Iraq eased. Brent crude for October delivery had fallen $1 to $102.53 a barrel by 0534 GMT, after trading as low as $102.35.

  • Raoul Ruparel, head of economic research at Open Europe, says further Western involvement in Iraq will be "hard to sell" to the public.

  • *Libya raises oil output to 535,000 bpd. *Kurdish, U.S. forces make progress in Iraq against militants. SINGAPORE, Aug 18- Brent crude fell below $103 a barrel on Monday as Libya increased its oil output and as worries over supply from key producer Iraq eased.