VIENNA, Sept 10 (Reuters) - There is no shortage of crude
oil on the global market and prices are likely to ease from a
near-record high above $75 a barrel, Iraq's oil minister said on
Monday.
Hussain al-Shahristani also told reporters he expected a
first bidding round to develop Iraq's oilfields by the end of
the year. He added Iraq's northern oil export pipeline was
currently pumping an average 300,000 barrels per day.