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Iraq Archive
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World crude production outside US and Iraq is flat since 2005
Posted on June 10, 2019 | No CommentsIn the year 2005, the global crude production curve shows a definitive kink, going horizontal for several years. This caused the 2008 oil price shock and the following financial crisis […] -
What happened to crude oil production after the first peak in 2005?
Posted on September 18, 2018 | No CommentsThe IEA (in Paris) proudly announced in its latest September 2018 Monthly Oil Market Report that global supplies (of liquids) have reached 100 mb/d in August, an impressive figure. What […] -
The Fight for Northern Iraq’s remaining oil
Posted on November 22, 2017 | No CommentsFig 1: Iraqi crude exports by SOMO The above graph shows Iraqi crude oil exports by the SOMO oil marketing company. Until March 2014 Kirkuk crude from North Oil Company […] -
OPEC’s 2017 production cuts: a confusing numbers game (part 2)
Posted on December 9, 2016 | No CommentsIn this second part we look at OPEC production cuts for January 2017 in the context of historical production using JODI data. OPEC is very fond of JODI, the Joint […] -
Fireworks calendar 2015
Posted on December 30, 2015 | No CommentsJanuary Bush fires in Adelaide, Australia February Explosion in Kobani, Syria March Great Prophet 9 war games in Straits of Hormuz April Hanging tracks blasted over culvert washout on substandard […] -
Iraq needs 1.3 mb/d additional oil exports and $US 70 oil to balance budget
Posted on October 30, 2015 | No CommentsThe following graphs use data from the latest Article IV consultation report published by the International Monetary Fund (IMF) in August 2015. All IMF papers on Iraq are here. Government […] -
World’s untested assumption on 6 mb/d Iraqi oil by 2020
Posted on June 15, 2014 | No CommentsGiven the ethnic turmoil in Iraq triggered by ISIL’s recent seizure of towns in Iraq’s North and West it is uncertain how this will impact on oil production in the […] -
Iraq crude oil exports stall amid pipeline attacks
Posted on August 9, 2013 | No CommentsThose who expect a doubling of Iraqi oil production to 6 mb/d by 2020 should pray for enduring peace and social justice in this war-torn country. Iraq’s overdue integration into […]