Could News From Iraq Drive Oil Prices Down?

Try Our New Player
wochit

by wochit

903
4 views
  • About
  • Export
  • Add to
Obviously, military conflict in a major oil producing country (which is adjacent to other oil producers) gives oil traders a tingle in their private holdings. An attack shutting down the northern pipeline, or a strike south of Baghdad at oil fields (threatening foreign workers, for instance, as well as facilities), or sabotage against the export terminal would boost prices quickly.

0 comments