BAGHDAD / Reuters Iraq said it was increasing oil exports from the southern Basra region by 200,000 barrels per day to make up for a shortfall from the northern Kirkuk fields. The output from the northern Kirkuk region fell this week in the course of military operations to take it back from Kurdish fighters who have been there since 2014. ...

Bloomberg Natural gas traders are facing the possibility of another mild US winter. Temperatures from December through February will be above normal for much of the southern US, East Coast and Northeast, the US Climate Prediction Center said in a report. A run of “beautifully mild weather” this autumn has already weighed on the market, said John Kilduff, founding partner ...

Bloomberg Schlumberger Ltd. and Baker Hughes, the world’s two biggest oilfield service companies, say North America’s growth engine is slowing. The investment appetite by explorers in North America “seems to be moderating” with the priority now being preservation of cash flow rather than the pursuit of continued production growth, Schlumberger said in an earnings statement. Baker Hughes, said in its ...