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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Bread Upon The Water who wrote (184421)6/15/2014 8:43:49 AM
From: Ed Ajootian  Read Replies (4) of 206151
 
Has anyone seen any prognostications of how much Iraqi oil production will actually be affected by all the goings on over there? The only one I've see so far is this report by Wells Fargo put out on Thursday, /uploads/7638/files/WellsFargo_Iraq_Oil6-12-14.pdf , wherein they estimate that only about 300,000 bbls. per day will be affected. They also don't seem to be too concerned about the Iran sanction deferral deadline that's coming up on 7/20. Interestingly, they believe the next "problem child" is most likely to be Venezuela.
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