Post Tagged with: "oil supplies"

Source: Houston Chronicle

Iraq Oil Supplies Vulnerable as Mideast Tensions Flare, IEA Says

Houston Chronicle


Oil supplies from Iraq, the Middle East’s second-biggest producer, are “potentially vulnerable” amid rising political risks in the country and the broader region, the International Energy Agency warned.

Crude prices briefly soared to a three-month high above $70 …

Source: Houston Chronicle

Goldman says oil rally likely shortlived unless supply disrupted

Houston Chronicle


A flare-up in U.S.-Iran tension may be keeping oil elevated, but an actual disruption to global crude supplies is needed to keep prices at current levels, according to Goldman Sachs Group Inc.

Price risks for Brent, which has …