Nikkei Asian Review | Falling Iraqi Exports Drive Oil Prices Higher OilPrice.com Crude oil prices continued their ascent today as lower exports from Iraq amid the internal conflict with the Kurds gave oil bulls a cause for optimism. Brent crude was trading above US$57 a barrel and WTI was close to US$52 in morning Asian trade today. Middle East turmoil hands another victory to US oil producers Higher crude oil prices could work against Mideast producers: IEA Oil Prices Have Rallied. So Why Is No One Celebrating? |