Iraq expects rise in oil prices in the second half of 2015
2015-02-05T11:16:14+00:00
Abdul-Mahdi added that "oil prices will return to rise in the second half of 2015 and will exceed 60 $ a barrel."
It is noteworthy that Iraq is facing great financial hardship because of low oil prices, which forced it to adopt an austerity budget in 2015, and relies almost entirely on oil revenues.
