Abdul-Mahdi is likely to witness the second half of this year, a surge in oil prices
Awan / Baghdad
He favored oil minister Adel Abdul Mahdi, on Sunday, to witness the second half or the last of this year a surge in oil prices, expressing his belief not to return prices to what it was during the past years.
Said Abdul-Mahdi, during a joint press conference with Turkish Energy Minister Taner Yildiz held today, in Baghdad, attended by "time", "The Oil Ministry has proposed building the state budget based on $ 60 per barrel," he said, adding that "it was a good estimate based on conditions market prices before they reach the bottom. "
Abdul-Mahdi said that "the price may not go back to what it was during the past years," pointing at the same time that "oil prices will begin to rise gradually after the second or the last half of this year, a slow but growing rapidly."
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