FINANCIAL NEWS

Iraq increases oil exports in October

30 Oct 2013

(MENAFN) Exports of oil have increased during October in Iraq as infrastructure work has slight effect at southern terminals, according to Arab News.

Investors and European refiners saw a slowdown in its oil recovery, and put Iraq and Libya under eye as oil prices reached about USD109 per barrel.

Shipping data tracked by Reuters showed that Iraq’s exports from southern terminals reached an average of 1.92 million barrels per day this month.

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