Iraq reportedly plans to join the global oil war with prices already near 18-year lows
Tuesday, 31 March 2020 · *Iraq is the latest oil-production giant to join the price war with production bumps, Bloomberg reported Tuesday.*
· *The country aims to boost output by 200,000 barrels per day to 4.8 million barrels in April, a source familiar with the matter told Bloomberg.*
· *Iraq would join Saudi Arabia and Russia as the oil giants...
Reuters reports oil prices opened about 1% lower on Sunday. A persistent glut has continued to drive down prices. Analysts say North America is battling a severe shortage of storage capacity, and that..
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