UPDATE 8-Oil up on more optimistic outlook on OPEC cuts
* Hedge funds slashed bullish bets on U.S. crude oil (Updates prices, adds quotes, adds GDP data, adds CFTC data)
BAGHDAD, March 8 Iraq has added a processing unit to the Kirkuk oil refinery, increasing the plant's capacity by 10,000 barrels per day, the oil ministry said in a statement on Wednesday.
The unit is operational, the statement said, citing Oil Minister Jabar al-Luaibi.
The ministry will seek to add another unit by the end of the year, with the same 10,000 bpd capacity, he added. (Reporting by Maher Chmaytelli; Editing by Nick Macfie)
WASHINGTON, April 27 Lawmakers, lobbyists and interest groups are making a final push in their fight over regulations enacted during former President Barack Obama's last months in office, with the financial services industry working hard to kill a rule on retirement plans run by states.