The bad boys of oil

Most of the world's new production is expected to come from just a few nations. That could spell big trouble for Big Oil and consumers alike.

Iraq
Iraq
Security is obviously concern number one in this war torn country. Experts say major Western oil firms won't make a meaningful commitment of capital and workers to the nation until the violence subsides and a somewhat unified government passes clear oil laws.

In the meantime, firms from China, Russia, India and other smaller national oil companies are vying for contracts, and are seen as more willing to make risky investments.

It's also unclear what role an Iraqi national oil company -- still in the process of being created - will have in the nation's oil industry. Many suspect the biggest and best fields will remain firmly in the hands of the state.

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.