"ISIS Advances Put Iraq Oil Rebound on Hold"

"ISIS attacks in Iraq have sent oil prices soaring and cast further doubt on long-term growth in Iraq's oil sector. As recently as February, oil production in Iraq was booming -- a sign of economic progress that traders worry will be reversed."

David J. Unger reports for the Christian Science Monitor June 12, 2014.


"Oil Prices Rise as Iraq Crisis Threatens OPEC Oil Balance" (AP)

"OPEC Keeps Output Level Below Second-Half Demand Forecast" (Bloomberg)

"NYMEX Crude Oil Stays Above $104/bbl; OPEC Quota Unchanged" (Oil & Gas Journal)

"Iraq Insurgency Risks Biggest Source of New OPEC Oil, IEA Says" (Bloomberg)

Source: Christian Science Monitor, 06/13/2014