Iraqi Oil Deal

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  Oil Tumbles Anew on Iraqi Export Deal, Futures Margin Hike

  Benchmark Brent crude oil fell $2.00, or 2.76 per cent, to settle at $70.54, nearly testing Friday's close of $70.15, the lowest since mid 2010. Brent jumped more than 3 per cent on Monday on speculation that its sharp drop following last week's OPEC meeting was overdone.

• Iraqi and Kurdish Governments Agree to Oil Deal

  Iraq's Finance Minister Hoshyar Zebari says the Central Government has reached an agreement in a long-standing oil dispute with the semi-autonomous Kurdish regional government.

• China reaps benefits of Iraq war with oil deals

  The Iraqi and Chinese flags flew together proudly over the al-Ahdab oil field in Wasit, central Iraq, on Wednesday, in what has become an increasingly common site as China moves closer to becoming the dominant foreign player in Iraq's recovering oil sector.

• Asian firms selected for Iraqi oil deals

  Asian companies are among nine firms shortlisted by the Iraqi oil ministry for contracts in 11 oil and gas fields, according to a report.