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Iraq economic outlook 'improves'Iraq's economic prospects have improved, thanks to better security, increased oil output and exports, says an IMF review. ... |
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Oil gains over $1 as Gustav shuts U.S. outputPERTH (Reuters) - Oil prices rose more than $1 on Monday after energy firms in the U.S. Gulf shut down nearly all offshore oil output and a host of flood-prone coastal refineries ahead of Hurricane Gustav, the biggest threat since 2005's devastating Katrina. ... |
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[MIDDLE EAST] Iraq's Oil Output Is Highest Since U.S.-Led InvasionIraq's daily oil production is at its highest level since the March 2003 U.S. invasion, in large part thanks to improved security, according to a Pentagon audit. ``Iraqi oil production set new records this quarter, with output reaching 2.43 million barrels per day, the highest... |
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[MIDDLE EAST] Iraq's Oil Output Is Highest Since U.S.-Led InvasionIraq's daily oil production is at its highest level since the March 2003 U.S. invasion, in large part thanks to improved security, according to a Pentagon audit. ``Iraqi oil production set new records this quarter, with output reaching 2.43 million barrels per day, the highest... |
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Senate Energy-Speculation Bill Is BlockedSenate Republicans blocked a bill to curb energy speculation and called for expanding oil output and nuclear power. ... |
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Oil rises above $136 after slumpLONDON (Reuters) - Oil rose above $136 a barrel on Thursday, as investors resumed buying after its recent sharp drop and boosted by fresh cuts to Nigerian oil output. ... |


