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  • NYMEX-US crude recovers on potential supply cut from Iraq Wednesday, 18 Jun 2014 | 8:33 PM ET

    SEOUL, June 19- U.S. crude oil futures rebounded above $106 a barrel in early Asian trade on Thursday after dipping in the previous session, supported by concerns about a potential supply disruption due to turmoil in Iraq.

  • 2 senators propose first gas tax hike since 1993 Wednesday, 18 Jun 2014 | 4:35 PM ET

    Two senators said they want to raise the federal gasoline and diesel tax by 12 cents a gallon, the first increase since 1993.

  • *Oil majors pull foreign staff from Iraq. NEW YORK, June 18- Brent crude rose to a nine-month high on Wednesday as investors worried about exports from Iraq, while U.S. crude dipped after government numbers showed domestic crude inventories fell much less than an industry group had reported.

  • Commodities tomorrow: Following the Fed     Wednesday, 18 Jun 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. WTI was slightly lower, but Brent was higher on developments in Iraq. Gold was mostly flat, up about 70 cents on the day.

  • *Oil majors pull foreign staff from Iraq. NEW YORK, June 18- Brent rose past $114 a barrel on Wednesday on worries about exports from Iraq, while U.S. crude dipped as government numbers showed a much smaller draw in domestic stocks than an industry report showed a day earlier.

  • *U.S. CRUDE OIL FUTURES LITTLE CHANGED AFTER FOMC REPORT Wednesday, 18 Jun 2014 | 2:03 PM ET
  • BRENT CRUDE OIL FUTURES RISE $1, HIT $114.45 A BBL ON IRAQ INSTABILIITY.

  • What Iraq's war may mean for the Keystone pipeline Wednesday, 18 Jun 2014 | 1:16 PM ET
    Pipe is stacked at the southern site of the Keystone XL pipeline in Cushing, Oklahoma.

    Backers in favor of the Canada-to-Texas pipeline are pointing to the crisis in Iraq as a rationale for pushing the project forward.

  • Conflict intensifies in Iraq     Wednesday, 18 Jun 2014 | 1:16 PM ET

    According to the Iraq Oil Report, it's a stalemate when it comes to the Baiji Refinery. CNBC's Michelle Caruso-Cabrera reports the latest in Iraq.

  • *Oil majors pull foreign staff from Iraq. NEW YORK, June 18- Brent crude oil rose past $114 a barrel on Wednesday on worries about exports from Iraq, while U.S. crude dipped as government numbers showed a much smaller draw in domestic stocks than an industry report showed a day earlier.

  • Long gas station lines in Kurdish region     Wednesday, 18 Jun 2014 | 12:24 PM ET

    Drivers in Iraq's northern region are lining up at gas stations. CNBC's Michelle Caruso-Cabrera provides insight.

  • Gen. McCaffrey: Not much US can do     Wednesday, 18 Jun 2014 | 10:37 AM ET

    Iraq is likely to continue to come apart in a sectarian war, says Gen. Barry McCaffrey, discussing the reality on the ground in Iraq and explaining why he thinks the conflict is a long-term threat to the United States. McCaffrey says the ability of the U.S. military to influence events in this conflict is limited.

  • Exxon Mobil Iraq operations threatened?     Wednesday, 18 Jun 2014 | 10:36 AM ET

    Exxon Mobil has declined to comment on reports that they are carrying out mass evacuations in Iraq. CNBC's Michelle Caruso-Cabrera reports the latest on the violence.

  • Iraq: Baiji refinery center of strife     Wednesday, 18 Jun 2014 | 9:16 AM ET

    Sunni militants have attacked Iraq's largest oil refinery, reports CNBC's Michelle Caruso-Cabrera.

  • LONDON, June 18- The price of Brent crude oil rose towards $114 a barrel on Wednesday as Sunni militants pushed forward in northern Iraq, striking the country's biggest refinery and stoking worries about oil exports as some firms pulled foreign oil workers out of the country.

  • Exxon staff exit Iraq amid spiraling violence Wednesday, 18 Jun 2014 | 8:38 AM ET
    File photo of South Oil Company (SOC) adjust a valve at the Rumaila oil field in Basra Province.

    The head of Iraq's South Oil Company also insists that current developments have not affected and will not affect oil operations in the south.

  • ISIS targets Iraq infrastructure     Wednesday, 18 Jun 2014 | 8:00 AM ET

    NBC's Richard Engel reports on the latest round of violence in Iraq as President Obama rules out immediate air strikes and Iran's Rouhani announces his country will not hesitate to protect holy sites in Iraq.

  • Wall Street's latest craze: 'Superfracking' Wednesday, 18 Jun 2014 | 7:22 AM ET
    Gas is flared as waste from the Monterey Shale formation where gas and oil extraction using hydraulic fracturing, or fracking, is on the verge of a boom on March 22, 2014 near Buttonwillow, Calif.

    Demand is up for sand used in fracking, which blasts it into wells to crack rock and release oil and natural gas.

  • NBC's Ayman Mohyeldin reports on the latest round of violence in Iraq as President Obama rules out immediate air strikes and Iran's Rouhani announces his country will not hesitate to protect holy sites in Iraq.

  • Will Isis impact Iraq's oil production?     Wednesday, 18 Jun 2014 | 5:30 AM ET

    Peter Hutton, energy analyst at RBC Capital Markets, discusses the impact the crisis in Iraq will have on oil production and says the propensity for the oil price to break its range upwards "is really quite high."