Saudi Arabia derives 80 percent of its revenue from oil and has a budgetary "break-even" point almost double the current per-barrel price of $40.» Read More
ANKARA/ ARBIL, June 29- Iraq's semi-autonomous Kurdistan region has ramped up independent oil sales since mid-June while cutting allocations to Iraq's state oil firm SOMO in an escalating dispute over export rights and budget payments. June became the first month of large independent sales since December last year, when Kurdistan agreed a deal with Baghdad...
LONDON, June 26- Bond sales from emerging markets in the first half of 2015 are running more than a fifth below year-ago levels due to the continued slump in issuance from Russia, Brazil and oil producers across the developing world. Governments and companies from the developing world had sold hard currency bonds worth $195 billion as of June 19, Thomson Reuters...
“Mad Money” host Jim Cramer thinks you need to temper your excitement.
Jim Cramer sees plenty of oil stocks out there that are ridiculously low and thinks it is time to do some buying.
Donald Trump makes statements in New York City declaring candidacy for president.
Donald Trump makes a political announcement in New York City at the Trump Tower.
LAUNCESTON, Australia, June 15- Almost unnoticed, India is starting to exercise increasing influence on crude oil markets in Asia. Two recent events underscored the importance that India is assuming in Asian crude oil markets: the visit by a senior official of Saudi Arabia's state oil giant and talks between Indian refiners and Iraq over filling strategic...
June 14- A more reliable terrestrial broadband network could enable Iraq to become a transcontinental transit route for Internet traffic, a senior executive at one of two firms providing submarine connectivity to the war-torn country told Reuters. Iraq is ideally located to carry Internet traffic between Asia and Europe and built a submarine cable landing...
Thomas Friedman, New York Times columnist, shares perspective on the war against terrorism in the Middle East.
The U.S. has said it may build further military bases in Iraq, to combat Islamic State militants.
Baroness Nicholson, the U.K. prime minister's trade envoy to Iraq and chair of the Iraq Brtain Business Council, says she's delighted that the U.S. has committed to sending more troops to Iraq.
CNBC's Hadley Gamble reports on news that the US is set to build more military bases in Iraq.
Will sending additional troops truly alleviate tensions in Iraq? CNBC's Hadley Gamble discusses.
CNBC's Hadley Gamble discusses U.S. plans to send 450 more troops to Iraq.
LONDON, June 9- Iraq has re-taken control of some grain silos previously seized by Islamic State, but most of the grain held cannot be used as militants aim to destroy sites when retreating, a senior grain official said on Tuesday. Islamic State, the breakaway al Qaeda group, which declared an Islamic caliphate across parts of Syria and Iraq last summer, has seized...
Adil Abd al-Mahdi, Oil Minister of Iraq, says the fight against ISIS is far away from the Iraqi capital Baghdad and major oil fields in the country are well-secured.
When US-backed Iraqi forces retreated from an ISIS assault last year, they left behind millions in military hardware. The Fiscal Times reports.
A U.S.-led coalition conducted over 20 airstrikes in Iraq and Syria targeting ISIS militants. Columbia University's David Phillips, provides insight on how he thinks ISIS can be defeated.
“Mad Money” host Jim Cramer on a stock you shouldn't abandon here.
Jim Cramer teaches investors how to find the best bargains hidden in the rubble of the averages. Time to go bargain hunting!