VOL. XLIV

No 33

13 August 2001

IRAQ

Iraqi Oil Exports InJuly Fall To 1.43Mn B/D

Thereare two reasons why Iraqs oil exports under the UN oil-for-food program fellto as low as 1.43mn b/d in July, instead of the 22.2mn b/d registered undernormal circumstances in earlier months (see Table). The first was the one-weekdelay in early July before official approval was received to start the exportprogram in earnest after the one-month suspension by the Iraqi authorities toprotest the Security Councils...