Economics A new Turkish state oil and gas company is negotiating with Iraq's semi-autonomous Kurdistan region to take stakes in several exploration blocks – a development that would signal dramatic headway for the Kurds in their quest for oil sector autonomy. More from Iraq Oil Report But elsewhere the central Iraqi government in Baghdad is struggling to find buyers for all its 2013 oil output on term contracts, industry sources said, as foreign refiners complain of high prices and variable quality from the world's fastest growing crude exporter. More from Reuters Brent crude fell nearly 4 per cent on Wednesday as problems facing the economies of the United States and Europe darkened investor sentiment a day after the re-election of U.S. President Barack Obama. More from Gulf Business Qatar is looking to buy US$9.9bn worth of missiles and defence equipment from the US, Pentagon officials announced, just
