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Tuesday, 17 October 2017

Oil rises 1 percent as Iraq fighting shuts output in Kirkuk

Oil rises 1 percent as Iraq fighting shuts output in Kirkuk

17 October 2017, New York — Crude prices rose 1 percent on Monday as Iraqi forces entered the oil-rich city of Kirkuk, seizing territory from Kurdish fighters and briefly cutting some crude output from OPEC’s second-largest producer. “We’re seeing an increased geopolitical tension in the Middle East providing support in the market today, namely in …

The post Oil rises 1 percent as Iraq fighting shuts output in Kirkuk appeared first on SweetCrudeReports.

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