Monday 29 August 2016
 
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Iraq

Iraq asks Saudi Arabia to replace ambassador

Iraq's foreign ministry has asked Saudi Arabia to replace its ambassador in Baghdad, Thamer Al-Sabhan, Iraqi state TV said on Sunday. Iraqi Shi'ite politicians have made persistent requests that Al-Sabhan be expelled in re

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Iraq set on expanding oil output to gain market share

Iraq is willing to play an active role within Opec to support oil prices but will not sacrifice its goal of expanding market share and will continue to ramp up output, its oil minister said on Saturday. Jabar Ali al-Luaibi, on a v

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Iraq vows to play active role in propping up oil prices

Iraq is willing to play an active role within Opec to support oil prices, its Oil Minister Jabar Ali Al-Luaibi said on Saturday, without clarifying whether it was prepared to back a possible agreement to freeze output. "Iraq

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Oil falls on US stocks build, China demand fears

Oil prices fell early on Wednesday as an unexpected build in US crude stocks weighed on markets, along with concerns that Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry. Interna

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Oil falls on US stocks build, China demand fears

Oil prices fell early on Wednesday as an unexpected build in US crude stocks weighed on markets, along with concerns that Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry. Interna

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Iraq not open to capping oil output: Prime Minister

Iraq's prime minister said the country has not yet reached its full oil market share, suggesting his government would not restrain crude output as part of any possible Opec agreement to lift prices. "And the capping, we a

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Oil slips below $49 as producer action hopes recede

Oil fell below $49 a barrel on Tuesday, giving up part of August's strong rally, as signs of rising supply outweighed hopes that producing nations will agree steps to support prices. A Nigerian militant group, which has claime

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Oil slips below $49 as producer action hopes recede

Oil fell below $49 a barrel on Tuesday, giving up part of August's strong rally, as signs of rising supply outweighed hopes that producing nations will agree steps to support prices. A Nigerian militant group, which has claime

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Iraq exports more cargoes of LPG, condensates

Iraq exported two new cargoes of liquefied petroleum gas and one cargo of gas condensates, the oil ministry said in a statement.   The shipments were exported from the southern ports, on the Gulf, it said.

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Iraq exports more cargoes of LPG, condensates

Iraq exported two new cargoes of liquefied petroleum gas and one cargo of gas condensates, the oil ministry said in a statement.   The shipments were exported from the southern ports, on the Gulf, it said.

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