Iraqi Oil Demand Bounces Back
By Nader Itayim
Domestic Iraqi oil demand is rising strongly and is being met both by climbing product imports and increased refinery runs, data obtained by MEES shows.
A recent IEA study puts Iraqi 2010 oil demand at 32mn tons. Deciphering Iraqi supply and demand trends is a dark art, involving an appreciation of cross-border smuggling, misreporting and simple human frailty, but a rough calculation points to...