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WTI Hits 4-Month Highs Over $51 Amid Kurdish Referendum Concerns

WTI Hits 4-Month Highs Over $51 Amid Kurdish Referendum Concerns

For the third time in 10 days, WTI Crude futures broke above $51 (this time running stops back to its highest level since May) amid growing concerns over the potential reactions to the results of the forthcoming Kurdish independence vote.

Positive comments from Russia and OPEC over clearing the global glut helped, but it is the potential for supply disruption from the Kurdish independence vote that is having the most impact on WTI and Brent.

First Black Medal Of Honor Recipient's Act of 'Defiance': He Never Let The Flag Touch The Ground

First Black Medal Of Honor Recipient's Act of 'Defiance': He Never Let The Flag Touch The Ground

As we reported previously, Sunday afternoon's round of NFL games included players from nearly every team joining the "take a knee" protest during the National Anthem, while many others locked arms in solidarity with players who decided to take a knee, or - in the case of the Pittsburg Steelers - remained in the locker room, and thus weren't visible to the public. Notably, Steeler and ex-Army Ranger Alejandro Villanueva seemed to have defied the team decision to opt out of the anthem by waiting in the locker room (with the exception of head coach Mike Tomlin, who stood on the field).

Russia Releases Photos Showing US Special Ops At ISIS Positions In Syria

Russia Releases Photos Showing US Special Ops At ISIS Positions In Syria

The Russian Defense Ministry has released aerial images allegedly showing ISIS, the SDF, and US special forces working side-by-side on the battlefield against Syrian and Russian forces in Dier ez-Zor, Syria.

Iran Closes Airspace To Iraqi Kurdistan Ahead Of Historic Independence Vote

Iran Closes Airspace To Iraqi Kurdistan Ahead Of Historic Independence Vote

The diplomatic and economic noose is tightening around Iraqi Kurdistan one day ahead of its historic independence referendum. On Sunday, the Iranian government announced closure of its airspace to northern Iraq's Sulaimani and Erbil Airports, at the request of Iraqi authorities. The Baghdad government has repeatedly threatened military intervention in Iraq's autonomous Kurdish region should the vote proceed on Monday, which Baghdad warns could provoke invasion by neighboring states.

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