Parliamentary Finance expects the rise in oil prices through next March

Parliamentary Finance Committee predicted, Sunday, oil prices exceeded $ 60 a month through next March, noting that the increase in global oil prices affect positively on the Iraqi economy and supports the government's orientation for the reconstruction of liberated areas.

Committee member Ahmed Sarhan Sarhan said in a press statement, "The world oil prices exceed $ 60 during the next month of March due to the oil agreement for the oil-producing countries."

Sarhan said, "The increase in global oil prices will impact positively on the Iraqi economy and supports the government's orientation for the reconstruction of liberated areas of criminal gangs Daesh."

Sarhan said that "most of the oil-producing countries to support trend increase in global oil prices has been adversely affected during the past two years and it compensate for these material loss."



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