Sentences with phrase «kurdish oil exports»

Boosted by the bullish supply - demand reports, oil prices rallied on Monday, with Brent hitting a more than two - year high on strong oil demand growth and the threat to Kurdish oil exports over the referendum on independence.

While OPEC failed to deliver to the market any surprises after its OPEC meet in Vienna last week, Turkey's threat to choke off Kurdish oil exports — along with the gradual acceptance that commercial oil stocks are indeed dwindling — seem to be the catalysts this week that is propping up oil prices.

Not exact matches

Mounting tension in Iraq following the Kurdish independence referendum is impacting oil production and exports; the ballot included three provinces of Iraqi Kurdistan and the oil - rich Kirkuk region.

The Kurdistan Regional Government, which runs the land - locked, semiautonomous Kurdish enclave that borders Turkey, says it started pumping crude from its oil fields directly to Turkey through a newly constructed pipeline to the export terminal at Ceyhan on Turkey's Mediterranean coast in early January.

The U.S. and Baghdad oppose the Kurdish export of oil from the autonomous northern region.