Oil news

Kirkuk, Iraq crude flows to Ceyhan, Turkey recommenced on the 13th of March, according to source reports

Newsquawk Staff ·

Kirkuk, Iraq crude flows to Ceyhan, Turkey recommenced on the 13th of March, according to source reports.

What it means

The resumption of crude flows from Kirkuk, Iraq to Ceyhan, Turkey could signal a stabilizing supply chain in an otherwise fragmented region. This should be monitored closely, as it may impact WTI and Brent prices, especially if these flows are sustained, potentially alleviating some price pressures in the market.

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