ShippingWatch

Concerns about Iraq's oil future following unrest

The bloody battles in Iraq are causing ripples in the oil markets, and the International Energy Agency fears a lower production growth.

Unrest on the global oil markets is spreading as the Iraqi rebel group Isil strengthens its positions and moves the bloody clashes in Iraq closer and closer to the capital of Baghdad.

Even though the markets have not yet reacted with overwhelming fear, ripples have been seen, and most recently the International Energy Agency (IEA) has voiced concerns about the situation. In Norway oil producer DNO has noticed the consequences of these concerns, and last week the international oil index rose to the highest level in nine months.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

CEO appoints new J. Lauritzen investment team

Kristian Mørch, the former CEO of Odfjell and current CEO of investment firm J. Lauritzen, has already constructed his new team, which involves both shipping and investment industry professionals.

Further reading

Related articles

Latest news

See all jobs