Financial Times | Oil edges up on Middle East tension, global market recovery Reuters Iraq, the second biggest producer within the Organization of the Petroleum Exporting Countries (OPEC) said on Monday that it also supports the producer cartel's agreement to cut oil output. OPEC, together with a group of non-OPEC producers led by ... China's oil futures surge on their debut China launches oil futures to stake claim on its own benchmark 'Single biggest change in capital markets, maybe of all time': China launches oil futures that could topple dollar |