Terror Risk Will Be Growing Issue for Oil Markets, IHS Says

Geopolitical and terror risk is likely to be a growing issue for oil markets over the next several years, Jamie Webster, senior energy director for IHS Inc., said on Dec. 10.

“The capture of Iraqi territory by ISIS in summer 2014 was quickly followed by the start of the oil price decline in summer of 2014,” Webster said in testimony before the U.S. Senate Energy and Natural Resources Committee....

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Oilman Jan-Feb 2018

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