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Iraq oil production drops slightly as Baghdad criticized for spending oil proceeds…

PLUS: *Oil and the Basra battle *The northern pipeline protector *Power grid still a target *Kirkuk deadline looms large *Baquba violence increases Iraq oil production decreased in March, along with OPEC as a whole, as Baghdad was pressed by Washington to spend more of its revenues, United Press International's Ben Lando reports. Oil flow has […]

Iraq oil production decreased in March, along with OPEC as a whole, as Baghdad was pressed by Washington to spend more of its revenues, United Press International's Ben Lando reports.

Oil flow has been steady at as much as 350,000 bpd according to Iraq's Oil Ministry. Exports from the south have been around 1.6 million bpd. The rest is consumed domestically.

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