Fighters from around the world have traveled to join the Islamic State. NBC's Richard Engel reports on the rise of the group that has caused havoc in the Middle East.» Read More
U.S. crude for October was down 87 cents at $93.11 a barrel by 11:13 a.m. EDT. "I think the market is still reflecting on the big build in Cushing this week," said Dominick Chirichella, senior partner at Energy Management Institute.
*Libya loads second cargo at largest port Es Sider. LONDON, Aug 22- Brent crude oil futures drifted lower on Friday, further below $103 a barrel, as a strong dollar and plentiful supplies continued to pressure prices. "We've reached a stage where the market is looking to stabilise a bit," said Ole Hansen, senior commodity strategist at Saxo Bank.
*Libya loads 2nd cargo at largest port Es Sider. SINGAPORE, Aug 22- Brent was trading below $103 a barrel on Friday, heading for a second weekly loss as easing geopolitical risks and higher global oil supply pressured prices. The Organization of the Petroleum Exporting Countries pumped more oil in July despite conflicts in the Middle East and Africa.
*Libya loads 2nd cargo at largest port Es Sider. *Centurion to send more oil from Permian Basin to Cushing. The Organization of the Petroleum Exporting Countries pumped more oil in July despite conflicts in the Middle East and Africa.
*U.S. crude futures for October delivery fell 6 cents to trade at $93.90 a barrel as of 0004 GMT. *An Iraqi Kurdish crude oil tanker has reappeared off the coast of Israel having offloaded its cargo, ship tracking data on Reuters showed, in the latest sign the autonomous region is finding buyers for its oil in defiance of Baghdad.
DUHOK, Iraq/ ANKARA, Aug 21- Crude oil flow on Iraqi Kurdistan's pipeline to Turkey has resumed after upgrade work was completed and is now running at an increased rate of 200,000 barrels per day, industry sources and Turkish officials told Reuters on Thursday.
CNBC's Scott Wapner and Eamon Javers discuss President Obama's remarks regarding ISIS, and the killing of American journalist James Foley.
President Obama says the U.S. will do what's necessary to see justice is done and acts against ISIS standing among others, after remarking on the murder of American journalist James Foley by ISIS.
President Obama remarks on the murder of American journalist James Foley by ISIS, who was taken hostage nearly 2 years ago in Syria.
As Iraq's crises have deepened there are increasing reports of militias acting with more and more autonomy, GlobalPost reports.
American journalist James Foley, who went missing in Syria two years, has apparently been executed by ISIS militants, reports CNBC's Sara Eisen.
BEIRUT— The extremists of the Islamic State group have turned their social media into a theater of horror, broadcasting a stomach-turning stream of battles, bombings and beheadings to a global audience.
ISIS militants claim to have executed American journalist James Wright Foley, reports NBC's Bill Neely.
Samuel Berger, Albright Stonebridge Group, and Rep. Paul Ryan, (R-Wis.), discuss U.S. foreign policy in Iraq and Syria.
This is now the best armed terrorist group in the world, says Samuel Berger, Albright Stonebridge Group, sharing his thoughts about how to effectively deal with the brutality of Islamist militants.
The Islamic State (ISIS) claims to have beheaded American journalist James Foley and has threatened the life of another. NBC reports.
Firas Abi Ali, senior manager for Middle East and Africa at IHS Global Insight, says the U.S.'s actions in Iraq have a "limited objective".
Islamic State militants have claimed they have beheaded U.S. journalist James Foley. NBC's Andrea Mitchell reports.
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.