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Oil rises 1 percent as Iraq fighting shuts output in Kirkuk

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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 …

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Oil rises 1 percent as Iraq fighting shuts output in Kirkuk Oil rises 1 percent as Iraq fighting shuts output in Kirkuk Reviewed by Crude Oil Brokers on 13:19 Rating: 5

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