Tuesday, December 30, 2014

This Oil Map Answers The First Question Everyone Asks When Turmoil Hits The Middle East

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.  In JP Morgan Funds' monthly guide to the markets, David Kelly and his team offer this map showing what percentage of the world's liquid energy is produced by each country or flows through a waterway in the Middle East...more



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