• 4 minutes Will Libya Ever Recover?
  • 9 minutes USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 13 minutes What Can Bring Oil Down to $20?
  • 16 minutes Venezuela continues to sink in misery
  • 14 hours Alberta govt to construct another WCS processing refinery
  • 5 hours Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 1 hour Rage Without Proof: Maduro Accuses U.S. Official Of Plotting Venezuela Invasion
  • 5 hours Instead Of A Withdrawal, An Initiative: Iran Hopes To Agree With Russia And Turkey on Syrian Constitution Forum
  • 16 hours Let's Just Block the Sun, Shall We?
  • 6 hours Water. The new oil?
  • 1 day U.S. Senate Advances Resolution To End Military Support For Saudis In Yemen
  • 2 hours Storage will in time change the landscape for electricity
  • 2 days Quebecans Snub Noses at Alberta's Oil but Buy More Gasoline
  • 5 hours Regular Gas dropped to $2.21 per gallon today
  • 2 days OPEC Cuts Deep to Save Cartel
  • 2 days Global Economy-Bad Days Are coming

Global Energy Advisory – 9th January 2015

Iraq/Syria Monitoring Report

• We have been closely monitoring the situation in Kobani, Syria, on the Turkish border, as we detailed for subscribers in October. Earlier this week, Kurdish forces managed to retake part of this area from IS militants and are now said to hold 80% of the border town. IS had taken the town in mid-September, threatening the Turkish border. Kurdish fighters had international air strike support.

• Last weekend, US and ‘coalition’ forces launched air strikes on a crude oil pipeline and collection depots held by IS in Syria, near the eastern city of Deir-al-Zour. The objective was to disrupt IS oil supplies and take out makeshift tankers and depots. This is only one avenue of revenue for IS, which is also earning from ransom kidnappings, smuggling of antiquities and other commodities and extortion.

• Iraq’s Anbar province is burning after a series of attacks and clashes that have left over 20 people dead earlier this week. There was a suicide bombing at a mosque in al-Jubba that killed 10 people, and an attack on police and army positions that killed another 13. Both attacks took place near a training installation where US forces are training Iraqi military forces. There are some 320 US soldiers and marines at this training camp at the Al Asad air base, which is under continual mortar fire, but so far has resulted in no US casualties. The air base is some 180 kilometers northwest of the capital,…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions




Oilprice - The No. 1 Source for Oil & Energy News