Crude Oil Prices Soaring on New Attacks in Iraq; Here’s Where They’re Headed- 6-18-14

Posted: June 20, 2014 in Uncategorized

Crude oil prices are hovering near 52-week highs this morning (Wednesday), following news that Sunni militant fighters have attacked Iraq’s main oil refinery in the city of Baiji.

According to reports, militants set the refinery on fire after gaining partial control of the facility Wednesday morning.

 

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