Wall Street Journal | Saudi Arabia, Iraq Push OPEC Over Its Ceiling Wall Street Journal The figures highlight the duel unfolding in the oil market between the two longtime rivals for power in the Middle East. Saudi Arabia and Iraq have been engaged in a pitched contest for markets, with Iraq making gains in Asia, and Saudi Arabia clawing ... Oil futures extends rally in Asia on poor US crude, gasoline inventories UPDATE 7-Oil prices jump on US stock draw, easing production Report: US oil production to remain steady despite sagging prices |