BALANCE - The Salt Lake Tribune News from The Salt Lake Tribune en-us (Webmaster) Iraq violence threatens OPEC’s precarious balance <div class="hnews hentry item"> <h4><a class="url entry-title" href="">Iraq violence threatens OPEC’s precarious balance</a></h4> <span class="author vcard"><span class="fn">By JONATHAN FAHEY</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-06-12T16:42:02.604-06:00">Updated Jun 12, 2014 04:42PM MDT</span></h5> <div class ="entry-content">New York • The oil market has balanced out quite nicely for OPEC in recent years. Now, upheaval in Iraq shows that balance may be more precarious than it has seemed. Dramatic changes in oil production around the globe have offset each other instead of wreaking havoc. This has helped world oil prices stay high enough to provide OPEC countries with robust income, but not so high that they scare customers away from buying more of their precious product. One major stabilizing factor has been rising ...</div> <h5><a rel="item-license" href="#license-580602192014-06-12T16:42:02.604-06:00" id="#license-2014-06-12T16:42:02.604-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> Thu, 12 Jun 2014 16:42:02 MDT