Business Insider -
29 Dec 2014 21:02

When turmoil hits the Middle East, one of the first questions everyone asks is: "How much oil is at risk?" Before prices crashed again, oil was actually rallying for a little while on Monday. News outlets and energy pundits were quick to attribute the early upward moves to Libya, where a rocket attack caused an oil storage tank fire. Turmoil in the region could lead to a disruption in oil supply. Because Libya is known to be a big player in the oil markets, this was a decent rationale. But how ...
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