VOL. XLII

No. 11

15-March-1999

IRAQ

Iraq Doubles Domestic Prices Of Most Oil Products

Iraq has doubled the domestic price of most of its refinedpetroleum products in an effort to gradually bring prices more into line withproduction costs. Iraqi prices have been some of the lowest in the world. Theprices of regular gasoline, kerosene, diesel oil, fuel oil and gas oil have doubled.The price of LPG jumped from ID22/cylinder to ID100/cylinder. Dry natural gashas also been increased from 19 fils per...