Tagged: Iraq

Oil prices reach 114 USD a barrel 0

Oil prices reach 114 USD a barrel

Oops, we did it again. Oil prices are again on the rise and reached recently $114 a barrel. This is their highest levels since 2008. Fears of current events in Iraq are explaining this....

Can Iraq quadruple its oil production ? 0

Can Iraq quadruple its oil production ?

According to an article from The Economist, Iraq has plans to quadruple its oil production by the next seven years. This would increase the production from the current 2.5 million barrels per day to...