PARIS (AFX) – A war in Iraq could cause oil prices to skyrocket in the case of a prolonged conflict although a brief showdown could cause a major market glut, a study by US oil experts said. Weighing the risks facing the global oil market in the coming months, the Energy Intelligence Group, a New…
MARKETS: Oil prices could skyrocket in event of prolonged war in Iraq
Posted on January 6, 2003 by EnergyAsia