Secretary of State John Kerry is in Geneva talking a potential deal with Iran over its nuclear program for some oil sanctions. Helima Croft, Barclays, weighs in on where crude will go next, and oil production in Iraq.» Read More
A consortium led by European aerospace group EADS is favorite to win a $1 billion contract to build a border fence shielding Saudi Arabia from Iraq, executives at the Saudi business partner said.
More oil from Saudi Arabia or other OPEC producers would not ease high global oil prices because they are the result of market speculation, Iraqi Oil Minister Hussain al-Shahristani told Reuters on Thursday.
New data suggests oil reserves in Iraq could be the largest on the planet! Is it possible that Iraq holds the solution to our current energy crisis?
When the 2008 presidential race began in earnest last year, no one could have imagined the Iraq war as a change of subject. But that’s what it was when Congressional testimony took John McCain, Hillary Clinton and Barack Obama away from the top campaign issue--the slumping economy.
Surprise, surprise. Having failed to penetrate General Petraeus’s story about the great improvements on the ground in Iraq, liberals are now trying to make the case that the cost of the Iraq war may have somehow undermined the economy, and even caused the current slowdown. What complete and utter nonsense.
Iraq's government on Sunday urged Turkey to withdraw its ground forces from northern Iraq, where they are battling Kurdish rebels.
Turkish warplanes, helicopters and artillery bombed suspected hideouts of Kurdish rebels in remote, mountainous terrain of northern Iraq Saturday.
Iraq's oil minister Hussain al-Shahristani said on Thursday there was no sign of any shortage of oil in international markets and he did not expect OPEC to change its output levels at a meeting this week.
Iraq's oil minister said on Friday he expected his country's output to rise by as much as 400,000 barrels per day in 2008, reflecting improved security in the oil sector.
The U.S. House of Representatives on Wednesday approved a $556 billion bill to fund most of the federal government through September 2008, ending a year-long budget fight with President George W. Bush by also including new money for the Iraq war
On Tuesday night, the Pentagon issued a $2.7 billion order for 3,100 more Mine-Resistant Ambush-Protected vehicles, or MRAPs -- designed to protect troops from roadside bombs in Iraq. Herer are the seven manufacturers that will gain from the order.
The unofficial transcript of an interview with Vice President Dick Cheney on "Kudlow & Company."
Turkey's main stock index opened 6 percent down on Monday after a major rebel attack on Turkish soldiers increased pressure on the government to launch a cross-border incursion into northern Iraq.
There's no end in sight for the rise in crude oil prices, according to BP Capital CEO Boone Pickens.
Conagra Foods on Wednesday said it is not the target of a federal investigation into possible fraud and corruption in supplying the U.S. military in Iraq, denying information in a newspaper report.
Turkey's parliament resoundingly approved a motion on Wednesday allowing troops to cross into northern Iraq to crush Kurdish rebels hiding there, brushing aside appeals from the United States and the Baghdad government.
Only a fraction of global oil supply could be immediately threatened by a Turkish incursion into northern Iraq, but crude prices have surged on concern any conflict may escalate and disrupt the flow from the Middle East.
Gold hit a 28-year high on Tuesday, underpinned by record-high oil prices and geopolitical tension that raised the precious metal's profile.
President George W. Bush on Thursday ordered gradual troop reductions in Iraq but defied calls for a dramatic change of course, telling skeptical Americans the U.S. military role there will stretch beyond his presidency.
The Iraqi government said Wednesday that Turkish artillery and warplanes bombarded areas of northern Iraq and called on Turkey to stop military operations and resort to dialogue.