GO
Loading...

Iraq

More

  • SINGAPORE, Aug 29- U.S. crude futures stayed above $94 a barrel on Friday, holding overnight gains as positive economic data boosted the outlook for demand in the world's largest oil consumer. *U.S. crude had edged down 2 cents to $94.53 a barrel by 0024 GMT, after settling up 67 cents on Thursday.

  • HOUSTON, Aug 28- A tanker near Texas loaded with $100 million of disputed Iraqi Kurdish crude has disappeared from satellite tracking, the latest development in a high stakes game of cat-and-mouse between Baghdad and the Kurds.

  • US campaign against ISIS may cost $15B a year Thursday, 28 Aug 2014 | 1:02 PM ET
    A fighter of the Islamic State stands guard near the city of Baiji, north of Baghdad June 19, 2014.

    Obama is preparing to request authorization from Congress for escalated military action against ISIS, The Fiscal Times reports.

  • *Riyadh seeks strong Sunni representation in Iraq government. The Al Saud have long seen the conflicts in Iraq and Syria as a pivotal battle for the future of the Middle East, pitting Sunni Muslims against a radical, revolutionary, Shi'ite Iran.

  • ANKARA, Aug 28- Iraqi Kurdistan has shipped over 8 million barrels of oil from the Turkish port of Ceyhan since May, sources and energy officials said, as the autonomous region employs new tactics to establish independent oil sales in defiance of Baghdad.

  • Iraq to appeal U.S court decision on Kurdish oil Thursday, 28 Aug 2014 | 9:15 AM ET

    However, the court gave Baghdad 10 days to resubmit its case. The United Kalavrvta tanker, carrying about $100 million worth of Kurdish crude, has been anchored in the Gulf of Mexico for weeks, with the Iraqi region of Kurdistan locked in a legal battle over ownership with the central government of Iraq.

  • *Supply rises by 90,000 bpd, led by Libya, Angola. LONDON, Aug 28- OPEC's oil production has risen in August from July, a Reuters survey found on Thursday, as a recovery in Libyan supply held up and Angola and Iran boosted supplies, outweighing a further decline in Iraq.

  • HOUSTON, Aug 26- A tanker loaded with $100 million of Kurdish crude oil cannot be delivered in Texas soon because of risks for buyers as Iraq mulls further legal challenges, so a month-long standoff will drag on, a source close to the matter said on Tuesday.

  • HOUSTON, Aug 26- A tanker loaded with $100 million of Kurdish crude oil cannot be delivered in Texas soon because of risks for buyers as Iraq mulls further legal challenges, so a month-long standoff will drag on, a source close to the matter said on Tuesday.

  • The court did not settle the broader dispute over who owns the crude, but would-be buyers of the cargo would face lawsuits from Iraq, which says it has the sole right to export the oil, not the Kurdistan Regional Government. Baghdad and the KRG have been locked in litigation, both in the United States and Iraq, over who can sell the crude.

  • *Libya calls for foreign help to protect oil infrastructure. U.S. crude jumped $1 after an industry group reported that U.S. consumer confidence rose in August to its highest level since October 2007 on improved feelings about the current state of the economy, but later trimmed gains after failing to push through a resistance point at $94.35, analysts said.

  • *Libya calls for foreign help to protect oil infrastructure. The benchmark is headed for a second straight monthly decline in August as slow growth in China and Europe has curbed oil demand and led to a supply glut in the Atlantic Basin, offsetting the impact on prices from world political tensions.

  • *Libya calls for foreign help to protect oil infrastructure. Brent crude rose 18 cents to $102.83 a barrel by 1235 GMT, after closing up 36 cents. Investors have unwound a global political risk premium in Brent, discounting the possibility of supply disruption despite conflicts in Iraq, Libya and Ukraine.

  • US court scraps order to seize Kurdish crude Tuesday, 26 Aug 2014 | 8:00 AM ET
    The United Kalavryta.

    A U.S. court on Monday threw out an order to seize some 1 million barrels of disputed Iraqi Kurdish crude oil from a tanker near Texas.

  • STAVANGER, Norway, Aug 26- The recent flare-up of violence in Iraq is past its worst and Kuwait Energy is keen to invest more in the country because of its potential, Chief Executive Sara Akbar said on Tuesday.

  • Defense rests in Blackwater trial Tuesday, 26 Aug 2014 | 7:17 AM ET

    WASHINGTON— Four Blackwater security guards on Monday rested their defense in the shootings that killed or wounded more than 30 Iraqis seven years ago in Baghdad. Three others are charged with voluntary manslaughter, attempted manslaughter and gun charges— Paul Slough, Dustin Heard and Evan Liberty.

  • ISTANBUL/ BEIRUT, Aug 26- As Islamic State insurgents threaten the Turkish border from Syria, Turkey is struggling to staunch the flow of foreign jihadists to the militant group, having not so long ago allowed free access to those who would join its neighbour's civil war.

  • *Libya calls for foreign help to protect oil infrastructure. Investors have unwound a global political risk premium in Brent, discounting the possibility of supply disruption despite conflicts in Iraq, Libya and Ukraine.

  • *Libya calls for foreign help to protect oil infrastructure. *Russia, Ukraine presidents to meet over crisis. The benchmark is set for a second monthly decline in August as slow growth in China and Europe has curbed oil demand and led to a supply glut in the Atlantic Basin, offsetting the impact on prices from geopolitical tensions.

  • *Libya calls for foreign help to protect oil infrastructure. *Russia, Ukraine presidents to meet over crisis. The global oil benchmark is set for a second monthly decline in August as slow growth in China and Europe has curbed oil demand and led to a supply glut in the Atlantic Basin.