New York Times | Are the Days of Low Oil Prices Receding? New York Times The area around Kirkuk and the Kurdish region is one of the major oil-producing areas of Iraq. Analysts estimate that the region as a whole produces about 750,000 barrels a day of which around 400,000 comes from fields around Kirkuk that could be ... Oil Jumps as Iraqi Forces Seize Oil Fields, Clash With Kurds Oil prices rise toward six-month high as new Iraq conflict threatens output Oil hits nearly 3-week high as Middle East tensions threaten supplies |