Yesterday energy analysts warned of a significant global price jump for oil if Iraq’s southern oil fields are captured and shut down, but commodity prices appear to be disconnected this week from the potentially serious threat to Iraq’s oil production, after posting a four percent gain during last week’s escalation of hostilities.

Raymond James’ Managing Director Marshall Adkins said that a two million BOPD interruption to global supply could send the price of Brent crude as high as $150. “I am surprised at the lack of movement given the poten...


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