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IMF lowers oil production forecast for Iraq

Posted on 22 October 2010

From AFP: The International Monetary Fund Wednesday said it has lowered Iraq’s oil production forecast, after a disappointing 2010.
In its first review report of its February 3.7 billion dollar standby loan to Iraq, the IMF said it expected Iraqi oil production to reach 2.2 million barrels per day (bpd) in 2011, against the 2.9 million it forecast in February……………………………………….Full Article: Source


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