Blitz of Iraq puts new focus on Saudi output decisions

The jihadist blitz of Iraq should quash whatever misapprehension remains that production growth in North America greatly lowers the importance of the Persian Gulf to oil markets. Unsurprisingly, the price of crude oil jumped when fierce combatants of the Islamic State of Iraq and al-Sham (ISIS) stormed into northwestern Iraq, conquering Mosul and routing thousands of members of the Iraqi army and even more of their country folk. At this writing, Baghdad was in jeopardy. President Barack Obama had declared the US unwilling to recommit ground troops to the country. Iranian forces, already active in Iraq, were rallying to defend the Shia-dominated government of Iraqi Prime Minister Nouri al-...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected