Insight
Iraq's military actions near Kurdistan boost oil price
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
As we have been anticipating, geopolitical risk has become more important for oil prices as the oil market tightens. The week of 16 October 2017 is illustrative of this with Brent prices moving toward $59 per barrel in reaction to the latest events in northern Iraq – specifically, Iraq moving troops into the Kirkuk region. On 16 October, Iraqi federal forces quickly regained control of Kirkuk oil fields and the city. Despite the relatively peaceful handover at the time, supply from the region has been affected.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Could a winter crisis boost oil demand?
Ahead of winter, assessing the impact of Europe’s gas crisis on global oil demand
$1,350
Asset Report
Topkhana
Topkhana is located in the southern part of the Kurdistan Region of Iraq (KRI), about 90 kilometres southeast of Kirkuk.
$3,720
Asset Report
Kurdamir Development Area
The Kurdamir Development Area is located in the southern part of the Kurdistan Region of Iraq (KRI).
$3,720
