real-time news and commentary for investors
Tuesday, Oct 9
2012, 2:42 PM
Iraq is expected to contribute almost half of increased world oil production between now and...
Iraq is expected to contribute almost half of increased world oil production between now and 2035, says the IEA. and the country would leap over Iran and Venezuela to sit behind Saudi Arabia as the second most influential member of OPEC. Of late though, the country has been missing production targets thanks to insecurity and a lack of infrastructure. That's where U.S. oil service firms come in.