Iraq expects oil prices to be around $70 a barrel in the first quarter of next year, with the market kept in balance by steady supply increases from the OPEC+ cartel and demand continuing to recover from the coronavirus pandemic.
“The world economy is in recovery status,” Oil Minister Ihsan Abdul Jabbar said to reporters in Baghdad on Sunday.
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September 19, 2021 at 05:07PM
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Iraq Sees Oil Hovering Around $70 a Barrel Early Next Year - Bloomberg
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