IRAQ

Iraq Criticizes Marketing of Oman and Dubai Crude 

Iraq is concerned that the marketing policy pursued by Oman and Dubai - whose crudes have come to be regarded as a benchmark for the Gulf since the collapse of the official OPEC price structure - is depressing oil prices to artificially low levels. In an article in the London Financial Times on 31 May an anonymous "senior Iraqi official" complained that the two countries had allowed too many foreigners and traders to...