Business Iraq

More

  • Zaha Hadid, world famous architect visits the Riverside Museum, on June 9, 2011 in Glasgow, Scotland.

    Along with being the first woman to win the Pritzker, she was the first to be awarded the RIBA Gold Medal, The New York Times reports.

  • U.S. crude's front-month contract was up 29 cents at $39.75 a barrel at 0307 GMT. On Thursday, it settled down 33 cents at $39.46 a barrel, recovering from a session low of $38.33. It fell 3 cents to $40.44 a barrel, after an earlier drop to $39.22, on Thursday.

  • TOKYO, March 28- Oil prices rose in early Asian trading on Monday after a three-day break, but volumes were tiny as a number of markets remain on holiday for Easter. On Thursday, it settled down 33 cents at $39.46 a barrel, recovering from a session low of $38.33. It fell 3 cents to $40.44 a barrel, after an earlier drop to $39.22, on Thursday.

  • Hillary Clinton, Donald Trump, Ted Cruz

    Here's why Trump and Cruz get it wrong when it comes to the Brussels attacks and terrorism, says Prof. David Cortright.

  • Brussels suspect captured: Newspaper report

    The U.S. lacks the political will to really do what it takes to stop terrorism, Rep. Will Hurd, a former undercover CIA operative, tells CNBC.

  • LONDON, March 23- Iraq's oil exports have held steady so far in March, according to loading data and industry sources, halting for now the rapid supply growth that has increased downward pressure on prices. The lack of export growth is partly involuntary as it reflects disruptions on Iraq's northern pipeline, offsetting near-record southern exports.

  • BAGHDAD, March 22- Iraq will not resume pumping crude through a Kurdish pipeline to Turkey unless it reaches a financial agreement with the Kurdish regional government, the Iraqi oil minister said on Tuesday. Adel Abdul Mahdi confirmed on his Facebook page that the central Iraqi government had decided to stop pumping crude from fields under the management of...

  • BAGHDAD, March 20- With Iraq's politicians tainted by corruption and the army's standing hurt by battlefield defeats, two Shi'ite clerics have re-emerged as leaders in matters of state. In their different ways, Grand Ayatollah Ali al-Sistani and Hojatoleslam Moqtada al-Sadr, Iraq's two most influential Shi'ite leaders, are pressuring Prime Minister Haider...

  • BAGHDAD, March 18- Iraq's central government has stopped oil exports through the Kurdish region to pressure the local authorities to resume talks about an oil revenue sharing agreement, the Iraq Oil Report said, citing Iraqi Oil Minister Adel Abdul Mahdi. Iraq's state-run North Oil Company has stopped pumping crude produced at fields it operates in the Kirkuk...

  • March 16- Oil producers including Gulf OPEC members support holding talks next month to discuss a deal to freeze output even if Iran declines to participate, OPEC sources said, as political pressure to prop up prices increases. OPEC and non- OPEC producers will meet in Doha on April 17, Qatari Energy Minister Mohammed bin Saleh Al-Sada said, following a February...

  • Baghdad, Iraq

    Some success in combating terrorist groups and a possible bottoming out of oil prices mean it could be time to invest in Iraq, analysts have said.

  • March 16- Oil producers including Gulf OPEC members support holding a meeting next month to discuss a deal to freeze output even without Iran, OPEC sources said, as political pressure to prop up prices increases. While an exemption for Iran is not ideal, it is not a deal breaker, OPEC sources said. "It's a setback but it will not necessarily change the positive...

  • Family members and relatives grieve for victims of a car bombing outside the forensic morgue on March 14, 2016 in Ankara, Turkey.

    Turkish warplanes struck Kurdish militant camps in northern Iraq on Monday, a day after 37 people were killed in an Ankara car bombing.

  • KIRKUK, Iraq, March 14- Iraq's state-run North Oil Company has stopped pumping crude produced at fields it operates in the Kirkuk area through a pipeline to Turkey, three sources said on Monday. Kurdish forces took control of the long-disputed Kirkuk and its oil fields in June 2014 after the Iraqi army's northern divisions disintegrated as Islamic State...

  • NEW YORK, March 11- Oil rose up to 2 percent on Friday after the Western world's energy watchdog said crude prices may have reached their bottom, although Goldman Sachs said the market's 50 percent rally in under two months was "premature." The International Energy Agency, which coordinates energy policies of industrialized nations, said U.S. and non- OPEC crude...

  • LONDON, March 11- Iraq's Kurdistan was reconnected to oil markets on Friday as pumping from its fields to Turkey resumed, providing the semi-autonomous region with a lifeline amid a budget crisis and a fight against Islamic State. Turkey completed a military campaign earlier this week near its southeastern border, shutting the pipeline that normally carries...

  • LONDON, March 11- Brent crude was on track for its third weekly gain on Friday, supported by an optimistic report from the International Energy Agency that said the market may have reached its bottom. U.S. crude futures were trading at $38.79 a barrel at 1443 GMT, up 95 cents from their last close, having hit a 2016 high of $38.96 earlier in the day.

  • LONDON, March 11- Brent crude was on track for its third weekly gain on Friday, supported by an optimistic report from the International Energy Agency that said the market may have reached its bottom. U.S. crude futures were trading at $38.64 a barrel at 1308 GMT, up 80 cents from their last close, having hit a 2016 high of $38.96 earlier in the day.

  • Kurdistan began direct oil sales to world markets in mid-2015 as it said the central government in Baghdad had failed to respect a budget deal, depriving the Kurdistan Regional Government of funds to pay state and army salaries as it seeks to defeat Islamic State militants. Relatively cheap Kurdish oil has become a favourite grade for European refiners over...

  • IEA’s head of the oil industry and markets division, Neil Atkinson discusses the reports circulating around a potential cut or freeze in oil production by OPEC and non-OPEC members.