From the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under $25/barrel. Then, during 2004, the price rose above $40, and then $60. A series
July 2006, San Francisco, California
March 2009, Dunellen, New Jersey
Economy of Iraq
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Iraq has a developing, upper-middle income economy, dominated by the oil sector. The IFAD has classified Iraq as an oil-rich upper middle income country. In 2025, the economy is estimated to be at $69
Capital city Baghdad is the economic centre of Iraq
Historical GDP per capita development
A cement factory in Samawah
Khawr Al Amaya Oil Platform in Basra Governorate