Former Iraqi Oil minister, Dr. Issam al-Chalabi, speaks to Sharq News about the impact oil prices have on Iraq’s fiscal budget. The drastic fall in the price of oil was not entirely unprecedented, but was largely unpredicted, Dr. Chalabi remarks.
Prices started to tumble in June 2015, but dropped lower than what was imaginable. Chalabi provides an analysis for the falling costs and aggressive price-fixing among oil producing countries in the region.
Prices started to tumble in June 2015, but dropped lower than what was imaginable. Chalabi provides an analysis for the falling costs and aggressive price-fixing among oil producing countries in the region.