• 6 minutes WTI @ 67.50, charts show $62.50 next
  • 11 minutes Saudi Fund Wants to Take Tesla Private?
  • 17 minutes Why hydrogen economics is does not work
  • 8 hours Starvation, horror in Venezuela
  • 3 hours The EU Loses The Principles On Which It Was Built
  • 9 hours Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 5 hours Crude Price going to $62.50
  • 14 hours Anyone Worried About the Lira Dragging EVERYTHING Else Down?
  • 7 hours Chinese EV Startup Nio Files for $1.8 billion IPO
  • 18 hours Oil prices---Tug of War: Sanctions vs. Trade War
  • 7 hours WSJ *still* refuses to acknowledge U.S. Shale Oil industry's horrible economics and debts
  • 19 hours Correlation does not equal causation, but they do tend to tango on occasion
  • 1 day WTI @ 69.33 headed for $70s - $80s end of August
  • 18 hours Russia retaliate: Our Response to U.S. Sanctions Will Be Precise And Painful
  • 20 hours Monsanto hit by $289 Million for cancerous weedkiller
  • 1 day California Solar Mandate Based on False Facts
Editorial Dept

Editorial Dept

More Info

Trending Discussions

Global Energy Advisory April 22nd 2016

Politics, Geopolitics & Conflict

• Oil fields in northern Syria are now nominally under the control of the Syrian Kurds. Most of these resources are in Deir ez-Zor, in the Rojava region. The Islamic State stepped in around mid-2014 to attempt to take over these oil resources, whose control was ambiguous and in many cases tribal and individual (smugglers). The Kurds largely kept ISIS from destroying or assuming full control. Earlier this month, the Kurds seized the Rweshid oil field after pushing ISIS out of the Abu Khashab district in northeastern Hasakah province.

This area remains very important to the Assad regime. Before the conflict it was producing about one-third of Syria’s oil. The Kurds’ key complaint before the conflict was that their territory contributed substantially to the national oil production, but at the same time suffered from a shortage of oil after the regime’s distribution. Now that the Kurds have largely managed to secure control of the oil production here, there is talk that it’s being put to better use than it was before the conflict.

That’s the background …. to the next phase in the Syrian conflict, which pits the Syrian Kurds decidedly against the regime, and it’s all about oil. Clashes broke out on Wednesday and had intensified by Thursday between the two sides in the country’s northeast. And now that ISIS has largely been sidelined (with Russia’s help), the regime…

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