Iraq Oil Exports Stay at 1 Million Bpd for 11th Day
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Iraq continued to export oil at one million barrels a day on Friday, after an attack on the South Oil Company headquarters brought sabotage operations to a new level, an official at the state-owned entity said.
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Crude oil futures fell close to a one- month low on expectations a cease-fire in southern Iraq will reduce the sabotage of oil pipelines and supplies from Russia will increase.
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all members excluding Iraq -- is nearing the 30 million barrels per day (bpd) mark, with up to a further 1.0 million
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Exports of crude have resumed from oil fields in the north and south of Iraq, driving down prices on global markets overnight. After going just shy of $US50 a barrel at the end of last week, the key oil futures
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Country tries to keep low profile for northern export line, still vulnerable to sabotage attacks. LONDON  - Iraq plans to quietly resume sales of its Kirkuk crude for the first time since May, hoping
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US oil prices rose on Monday as Iraq&#39;s oil exports continued at more than 30 percent below normal after sabotage attacks on pipelines.
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Iraq continued to export oil at one million barrels per day on Friday after an attack on the South Oil Company headquarters took sabotage operations to a new level, an official at the state-owned entity said.
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U.S. oil prices rose on Monday as Iraq's  oil exports continued at more than 30 percent below normal  after sabotage attacks on pipelines.
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Oil prices held steady on Tuesday  after falling 2 percent a day earlier and were set for further  falls in anticipation of higher U.S. crude stocks despite  concerns over disruptions to Iraqi oil flow.
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The Organization of the Petroleum Exporting Countries (OPEC) has agreed informally on the need to cut output by at least 1 million barrels a day (bpd) to keep the price of its crudes above $50-$55, the Financial Times reported on Thursday without naming sources.
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Iraq's oil exports were still running at half their normal rate Sunday as instability due to an anti-U.S. uprising prevented the re-opening of a main pipeline feeding the country's terminals in the Gulf.
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Oil prices held steady on Tuesday after falling 2 percent a day earlier and were set for further falls in anticipation of higher US crude stocks despite concerns over disruptions to Iraqi oil flow.
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U.S. oil prices rose on Monday as Iraq's oil exports continued at more than 30 percent below normal after sabotage attacks on pipelines.
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Oil prices held firm on Tuesday as China showed no let-up in its strong import growth and US Gulf producers reported damage to offshore rigs from Hurricane Ivan.
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Oil prices held firm on Tuesday as China  showed no let-up in its strong import growth and U.S. Gulf  producers reported damage to offshore rigs from Hurricane Ivan.
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Crude oil exports from southern Iraq were stable at around 1.5 million barrels a day despite several recent attacks on pipelines, a South Oil Company official said.
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Core Gulf producer Kuwait will meet its OPEC cut by lowering oil product sales by 190,000 barrels per day (bpd) during first-quarter refinery maintenance, a Kuwaiti oil official said on Wednesday.