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BAGHDAD Iraq's oil reserves have increased to 153 billion barrels, from a previous estimate of 143 billion barrels, Oil Minister Jabal al-Luaibi said on Sunday.

Iraq will ask the Organization of the Petroleum Exporting Countries to adopt the new figure as the official estimate for its reserves, he said in a statement.

The increased estimate is the result of appraisals and exploration carried out at seven oil fields in central and southern Iraq, he said.

(Reporting by Maher Chmaytelli; Editing by Mark Potter)

MANILA Philippine President Rodrigo Duterte said he will review his minister's order to close more than half the country's mines for environmental violations, following an outcry from affected producers.

DUBAI Iran expects its oil production to reach 4 million barrels per day by mid-April, and plans to drill 500 new wells over the next five years to raise output to 4.7 million bpd, a senior oil official was quoted as saying on Saturday.

SHANGHAI China will suspend all imports of coal from North Korea starting Feb. 19, the country's commerce ministry said in a notice posted on its website on Saturday, as part of its efforts to implement United Nations sanctions against the country.

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Iraq's oil reserves increase to 153 billion barrels, oil minister says - Reuters