Exactly How Much Will Big Oil Get Bit By a Civil War in Iraq?
Unless you've been living under a rock, you've probably heard that ISIL has taken over a large portion of Iraq, and it has put the entire country under threat of civil war or ethnic conflict. And just like every other conflict that has happened in recent years, tons of media pundits are saying how this will hurt oil companies like ExxonMobil and Royal Ducth Shell , which have interests in the region. The one thing not being given much coverage, though, is how much it will actually impact these companies. Looking at the production portfolio of all the big oil players, it's hard to see any of them really struggling if Iraq's oil production were to come to screeching halt.
Find out how Exxon, Shell, as well as other big oil players with interests such as Total and BP , will be affected by the recent turmoil in Iraq by tuning into the video below.
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The article Exactly How Much Will Big Oil Get Bit By a Civil War in Iraq? originally appeared on Fool.com.Tyler Crowe has no position in any stocks mentioned. You can follow Tyler at Fool.com under the handle TMFDirtyBird, on Google +, or on Twitter,@TylerCroweFool. The Motley Fool recommends Chevron and Total (ADR). Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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