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Oil markets, which have been boosted by tension with Iran and global money printing could be...

Oil markets, which have been boosted by tension with Iran and global money printing could be balanced out by Iraq, whose production has topped 3M bpd for the first time since 1979. A new floating oil terminal that is set to start operations in three days will boost exports by 300K bpd.
Comments (3)
  • The Mighty Wart
    , contributor
    Comments (112) | Send Message
     
    “... by Iraq, whose production has topped 3M bpd for the first time since 1979.”

     

    Shouldn’t we say instead? ... by Iraq, whose production has topped 3M bpd for the first time after two wars.
    5 Mar 2012, 08:10 AM Reply Like
  • NickBurnin8
    , contributor
    Comments (22) | Send Message
     
    Make that 3 wars...
    5 Mar 2012, 09:23 AM Reply Like
  • minecanary
    , contributor
    Comments (411) | Send Message
     
    More realistically, it means some Iranian camel humper is already enroute to blow the thing up.
    5 Mar 2012, 01:36 PM Reply Like
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