VOL. XLI

No. 05

2-February-1998

IRAQ

Iraq Raises Oil Product Prices; Lifts Rationing For Fuels

The Iraqi Ministry of Oil has decided to introduce large increases in the prices of oilproducts on the local market with effect from 24 January, according to an officialstatement issued in 26 January. The increases were introduced following the government'sdecision to lift fuel rationing that was introduced last October to deter motorists fromforming long queues at filling stations. The largest...