Iraqi oil

Russia's Rosneft to buy oil from Iraqi Kurdistan

Russia's Rosneft and the regional government of Iraqi Kurdistan signed a three-year contract in London on the purchase of oil to deliver it to its refineries abroad, the Russian company said. "The off-take and supply of Kurdish …

Iraq ready to cut oil production

Baghdad is ready to reduce oil production, the country's Prime Minister Haider al-Abadi said. "Yes, we have agreed to cut production. Iraq will stick to this because the current level of oil prices is …