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Sunday, June 3, 2012

Iraq Oil Exports Booming

Iraq’s crude-oil exports have soared to nearly 2.5 million barrels per day, a 20-percent increase over last year. The Iraqi boom – coupled with increased production in Saudi Arabia and the near total recovery of Libya’s oil industry — is expected to stabilize oil prices, probably even after the sanctions against Iran’s oil take effect in July.

[The New York Times, 3 June].

7 comments:

  1. Where is that ArabianFury? LOL!

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  2. This comment has been removed by a blog administrator.

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  3. Anon 2:02 PM

    Good news for whom?

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  4. Anon 1:15 AM

    What,have you met him in there? LOL!

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  5. Dear Mr Uskowi

    As regards Anon June 4 1:15 AM.

    I thought this type of gutter talk is only allowed in the chambers of the Islamic so-called parliament?
    If we are not allowed to reply in kind then why do you allow such personal attacks on your site?
    Please clarify this.

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  6. @ 2:05 PM,

    Thanks much, the comment in question is removed; and our apologies for letting it being published. Let me also add that it is sometimes difficult to catch all those types of comments and we appreciate to have the help of our royal readers in catching them.

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