Crude oil production in Iraq to rise

As we all know that global crude price has experience a steep slump. This has also impacted global economy. This is being echoed by a sharply falling rig count in the domestic space as reported by Houston-based oilfield services company Baker Hughes Inc. BHI in its weekly rig count. Also, Janet Yellen’s dovish stance has kept skepticism alive on the feasibility of any domestic growth.

Source: IraqDirectory.com

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