Iraqi Crude Oil Production Approaching Highest Level in Decades
Estimated Iraqi oil production surpassed 3 million barrels per day (bbl/d) in July 2012, the highest level since the end of the Gulf War in 1990. Increased investment in Iraq's petroleum industry and export infrastructure underpin these production gains. However, many factors still constrain the Iraqi oil industry from reaching its full production potential.
Posted: September 28, 2012