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Vol. 13, No. 42 Week of October 19, 2008
Providing coverage of Alaska and northern Canada's oil and gas industry


Mideast grapples with oil price slump

Tarek El-Tablawy

Associated Press Business Writer

ast, oil-fueled budget surpluses may cushion some of the Mideast’s major oil-producing countries now that crude prices have plummeted. But Iran, Iraq and a handful of other nations face daunting challenges to make up the money in coming months because of the price drop and global financial crisis. ....

    [additional news subjects in this story]

Problems for Iran

Demand erosion from high prices

Iraq struggling to rebuild


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