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View Full Version : Iraq’s Oil Industry Still At A Plateau



JWing
05-01-2013, 02:37 PM
After hitting a 30-year high in oil exports at the end of 2012, Iraq’s oil output has since faltered. March 2013 was no different as the amount of petroleum shipped out fell from February, and matched the average for last year. The Oil Ministry tried to cover that up by claiming that the aggregate numbers and revenue were up for the month, but that’s because March has 31 days compared to February’s 28. Overall, the country’s leading industry has hit a plateau for at least the short-term.

continued (http://www.musingsoniraq.blogspot.com/2013/05/iraqs-oil-industry-still-at-plateau.html)