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The Washington Times: increasing Iraq's oil production will determine the global oil prices
1/17/2015
Told The Washington Times reported that an increase in oil production in Iraq may determine the future of global oil prices in the coming years.
The newspaper said in its edition of today's Baghdad raise the size of its production last year to arrive in December to 3.4 million barrels per day will determine the global oil prices in the future.
American newspaper suggested that Iraq is the only country in the world which still contains large amounts of crude oil, and does not need expensive equipment to extract it. And The Washington Times pointed out that Iraq is close to the number one position as the largest oil exporter in the world.
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1/17/2015
Told The Washington Times reported that an increase in oil production in Iraq may determine the future of global oil prices in the coming years.
The newspaper said in its edition of today's Baghdad raise the size of its production last year to arrive in December to 3.4 million barrels per day will determine the global oil prices in the future.
American newspaper suggested that Iraq is the only country in the world which still contains large amounts of crude oil, and does not need expensive equipment to extract it. And The Washington Times pointed out that Iraq is close to the number one position as the largest oil exporter in the world.
[You must be registered and logged in to see this link.]
