Iraq's Kurds said they are ready to strike an agreement with the central government in Baghdad on a deal to increase oil exports if it guarantees them monthly revenue of $1 billion, more than double what they make currently from selling oil.

• June 15, 2016

Turkey has banned the sale of fertilisers containing ammonium nitrate, which can be used in explosives, after at least half a dozen car bomb attacks this year, the agriculture minister said on Thursday.

• June 9, 2016

More than 25 European and Asian-owned supertankers are shipping Iranian oil, data seen by Reuters shows, allowing Tehran to ramp up exports much faster than analysts had expected following the lifting of sanctions in January.

• June 6, 2016

Gulf OPEC members including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major producers when the group meets on Thursday including by establishing a new output ceiling inside the group, OPEC sources said.

• June 1, 2016

Oil prices edged lower toward $49 a barrel on Monday as Iraq raised its crude exports target ahead of an OPEC meeting while Canadian production was set to restart after huge wildfires.

• May 30, 2016

Greece's government trumpeted a debt relief deal with other euro zone countries on Wednesday as the beginning of the end of its bruising six-year financial crisis but Greeks remained skeptical and markets were cautious.

• May 25, 2016

Iran has no plans to freeze the level of its oil production and exports, Deputy Oil Minister Rokneddin Javadi was quoted on Sunday as saying, as the country tries to raise its crude exports to pre-sanctions levels.

• May 22, 2016

Egypt will have to work 10 times harder to revive its tourism industry, Tourism Minister Yehia Rashed said on Sunday, after a series of setbacks including the crash of an EgyptAir flight into the Mediterranean three days ago.

• May 22, 2016