Apr. 2, 2001 – The Middle East Economic Survey (M.E.E.S.) reports that Iraq’s March oil sales have rebounded to their level before the surcharge:  "most, if not all, international oil companies (IOCs) have withdrawn their reservations about being secondary buyers of Iraqi crude oil.  There is now more volume going to Europe than in January and February when over 90% of the crude went to the US."

[MEES 44:14, 2 April 2001.
 

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