Iraq: Sudden Eruption of Violence in Iraq Threatens Oil Supply

Oct 3, 2019 | Nick Cunningham, Oil Price
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Oil prices have fallen sharply over the past week, as the swift return of disrupted Saudi oil production allowed markets to look past geopolitical risk. But that doesn’t meant that supply risks have gone away. Saudi Arabia says that production at the Abqaiq facility has returned to pre-attack levels, and the impressive turnaround allowed oil prices to sink.