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Business Iraq

  • *Stocks need to move closer to 5- year average OPEC's Barkindo. Barkindo's views were echoed by oil ministers from OPEC members Iraq and Angola, also attending the conference. The Organization of the Petroleum Exporting Countries and a number of non- OPEC producers meet on May 25 to discuss extending output curbs that cover the first half of 2017..

  • Prime Minister Malcolm Turnbull during House of Representatives question time at Parliament House on February 11, 2016 in Canberra, Australia.

    U.S. President Donald Trump will meet Australian Prime Minister Malcolm Turnbull on May 4 in New York City amid strained relations over asylum seekers.

  • *Iraq could ask to be exempted- senior Iraqi politician. ABU DHABI, April 20- Leading Gulf oil exporters Saudi Arabia and Kuwait gave a clear signal on Thursday that OPEC plans to extend into the second half of the year a deal with non-member producers to curb supplies of crude. "Russia is on board preliminarily...

  • ABU DHABI, April 20- Leading Gulf oil producers Saudi Arabia and Kuwait gave the clearest signal yet that OPEC plans to extend into the second half of the year a deal with non- OPEC producers to curb oil supplies. Asked about non- OPEC producer Russia, Falih replied: "We are talking to all countries. "We have a noticeable increase in compliance from non- OPEC, which shows...

  • CAIRO, April 20- Iraq may seek to be exempt from a deal between oil exporters to reduce global supply in order to support crude prices and ask to boost its own output, the leader of the nation's Shi'ite ruling coalition Ammar al-Hakim told Reuters. "Given these sensitive circumstances, it is the right of Iraq to hope for an exemption by the other OPEC member states and...

  • CAIRO, April 20- Iraq supports an extension of a deal between oil exporters to reduce global supply in order to support crude prices, the leader of the nation's Shi'ite ruling coalition Ammar al-Hakim told Reuters. "Given these sensitive circumstances, it is the right of Iraq to hope for an exemption by the other OPEC member states and have an opportunity to...

  • Kurdish Peshmerga military vehicles are seen during a battle with Islamic State militants at Jarbuah village near Bashiqa near Mosul, Iraq October 28, 2016.

    The U.S. State Department has approved the sale of $295.6 million worth of military equipment to Iraq for artillery and infantry Kurdish peshmerga units.

  • *Bird flu in South Korea hurts Bunge, Cargill feed sales. *Iraq buys U.S. chicken as flu hits Europe- Sanderson Farms. Different strains of avian flu have been detected across Asia, Europe, Africa and in the United States in recent months, leading to the culling of millions of birds and a flurry of import restrictions on eggs and chicken meat.

  • Militant Islamist fighters parade on military vehicles along the streets of northern Raqqa province, June 30, 2014.

    "There is no doubt" the Syrian regime is responsible for chemical weapons attack, the Defense secretary declared Tuesday.

  • ISIS ISIL Iraq

    The U.S. missile strike on Syria could extend Trump's list of foreign enemies, writes Vox's Zeeshan Aleem.

  • Iraqi troops trained by U.S. military advisors just before the Second Battle of Fallujah, 2004.

    Military advising has never been easy — particularly in Syria and Iraq — and it's not going to get any easier now.

  • *Trade Ministry imposes new measures to fight graft. BAGHDAD, April 6- Two years ago, corruption was so rampant in Iraqs wheat procurement programme that even Islamic State militants cashed in by smuggling the strategic commodity across the border from Syria with the suspected collusion of Trade Ministry officials. Abdul Kareem's bodyguards are awaiting...

  • SENATE SHOWDOWN ON GORSUCH The U.S. Senate moves toward ramming through approval of Trump's Supreme Court nominee this week, as its top Republican says he has the votes to wipe away Democratic roadblocks but vows to preserve the minority party's ability to hold up legislation. Trump and Republicans in Congress lurch between repealing Obamacare or rewriting...

  • Trump and Republicans in Congress lurch between repealing Obamacare or rewriting the U.S. tax code as their top priority, with House of Representatives Speaker Paul Ryan dampening White House hopes for a quick vote on healthcare legislation. SYRIAN CHEMICAL WEAPONS ATTACK The White House blames a deadly chemical weapons attack in Syria's Idlib province on...

  • Trump and Republicans in Congress lurch between repealing Obamacare or rewriting the U.S. tax code as their top priority, with House of Representatives Speaker Paul Ryan dampening White House hopes for a quick vote on healthcare legislation. SYRIAN CHEMICAL WEAPONS ATTACK The White House blames a deadly chemical weapons attack in Syria's Idlib province on...

  • As Trump and congressional Republicans lurch between repealing Obamacare or rewriting the federal tax code as their top priority, House of Representatives Speaker Paul Ryan dampens White House hopes for a quick vote on healthcare legislation. SYRIAN CHEMICAL WEAPONS ATTACK The White House blames a deadly chemical weapons attack in Syria's Idlib...

  • Trump's son-in-law is in Iraq for a closer look at the fight against ISIS

    Jared Kushner flew into Iraq to get a first-hand assessment on the ongoing offensive against the Islamic State.

  • PMI data from Europe, U.S. could give oil market direction. International benchmark Brent futures slipped 15 cents, or 0.3 percent, to $53.38 a barrel by 0440 GMT. U.S. futures fell nearly 6 percent from the previous quarter, while Brent lost 7 percent as rising inventory levels outpaced output cuts by OPEC and non- OPEC members.

  • PMI data from Europe, U.S. could give oil market direction. International benchmark Brent futures had slipped 7 cents to $53.46 a barrel by 0207 GMT. U.S. futures fell nearly 6 percent from the previous quarter, while Brent lost 7 percent as rising inventory levels outpaced output cuts by OPEC and non- OPEC members.

  • West Texas Intermediate crude futures fell 5 cents to $50.55 a barrel by 0012 GMT after settling 25 cents higher in the previous session. U.S. futures fell nearly 6 percent from the previous quarter, while Brent lost 7 percent as rising inventory levels outpaced output cuts by OPEC and non- OPEC members. Crude oil prices staged a three-day rally last week amid...