Above shows the latest public data from the main energy information agencies for Iraqi oil production. As you can see, the sharp rise in January has been sustained, and even increased slightly in March. That last data point is based on a single source (OPEC) so far, so it may shift. Still, at any rate, it's not going down much.
For more on Iraqi oil production, see links here.
Yes, but how will the international oil companies (and thus oil production) fare after the US troop withdrawal is completed?
ReplyDeleteThis won't win them many friends on the streets of Baghdad:
http://www.independent.co.uk/news/uk/politics/secret-memos-expose-link-between-oil-firms-and-invasion-of-iraq-2269610.html