Higher Iraq oil output seen as threat
Article Abstract:
OPEC may lose its control over global oil prices if Iraq's crude production levels rise sharply. Vincent Lauerman, a leading energy analyst, said that Canadian oil sands development also may be jeopardized with a rapid expansion of Iraqi oil resources.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
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Crude 'tidal wave' slashes prices
Article Abstract:
Industry analysts said that investors responded favorably to a rise in U.S. crude petroleum stocks following a resolution to the war in Iraq. Persian Gulf countries have released large supplies of crude petroleum driving down oil prices.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
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