The Traderszone Network

Published in TZ Latest News 13 June, 2014 by The TZ Newswire Staff

Your Questions About Iraq’s Oil Infrastructure Answered

From Deutsche Bank

Iraq Oil Infrastructure At Risk

The outbreak of violence in Iraq by Sunni rebels belonging to Islamic State of Iraq and the Levant (ISIL) has introduced new event risk for global oil markets… [T]he escalation in geopolitical risk in Iraq has so far been confined to the north of the country. As a result, it does not yet pose a significant threat to the country‚Äôs oil production since the northern region represents only a small proportion of total Iraqi oil production.

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