RealNews

Iraq said to be missing up to 15 million dollars of oil daily

Between five million and 15 million dollars worth of oil a day is accounted for in Iraq and could have been siphoned off through corruption or smuggling, The New York Times reoported Saturday. Citing a draft US government report it gained access to, the newspaper said the amounts relate to between 100,000 and 300,000 barrels a day of Iraq’s declared oil production over the past four years. The report does not give a final conclusion on what happened to the missing fraction of the roughly two million barrels pumped by Iraq each day, the paper said. Full Story

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