Thursday, January 13, 2011

Rise in the price of Iraqi oil to $ 94 per barrel

Thursday, January 13, 2011

Oil prices rose Iraqi (4) dollars per barrel, on Wednesday, after the price per barrel up to (90) dollars, has arrived (94) dollars per barrel.
He attributed the oil expert Halim Kazim said in a statement to the Agency news the sons of the reasons for the high price of Iraqi oil for the emergence of the economies of new (such as India and China), which generates a high demand for crude oil up to (30%) for five or ten years to come, likely to be a decline in prices of the dollar exchange Another reason for high oil prices, pointing out that the price of a barrel of Iraq arrived in (94) dollars.

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