Iraqi oil exports slump: report
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NEAR daily attacks on pipelines and pumping stations had pushed down Iraq&#39;s oil exports to their lowest point in nearly a year, Britain&#39;s Financial Times newspaper reported today.
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Oil prices dipped below $46 on Tuesday in a third day of falls as a more optimistic Iraq export picture helped unwind some of the supply worries that have lifted the market to historic levels.
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Oil prices fell sharply to $45 on  Tuesday, extending losses to a third day as a more optimistic  Iraq export picture helped unwind some of the supply worries  that have lifted the market to historic levels.
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Crude oil futures fell for a third day as Iraq raised exports for the first time in two weeks, easing concern about supply shortages.
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BASRA, Iraq  -- A sabotage attack on a cluster of about 20 oil pipelines in southern Iraq has cut exports from the key oil producing region by half, a top oil official said Thursday.
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Oil prices slipped Thursday but the decline was tempered by concerns about U.S. refinery capacity and worries that supply disruptions could result if Turkey attacks Kurdish rebels in northern Iraq.
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The price of oil slid toward $42 a barrel yesterday despite confusion about the status of Iraqi exports, indicating the market has become less worried about the global balance of supply and demand.
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Oil prices fell for the fifth day in a row on Thursday after word of a peace deal in the embattled Iraqi city of Najaf raised hopes of more reliable oil shipments from the energy-rich country and encouraged a run of profit-taking by
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Oil exports from Iraq have been cut in half by a series of well-orchestrated attacks, officials said Thursday, but the news failed to have any immediate impact on oil prices.
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Oil prices slipped below $69 a barrel yesterday after a report that a strike in Nigeria hasn't affected oil exports from Africa's largest crude producer alleviated the market's supply concerns.
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Crude oil futures fell for a third session, dropping as low as $44.75 a barrel, on speculation that increased Iraqi shipments will help meet global needs.
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LONDON : Oil prices declined in opening deals as supply fears receded after Iraq resumed oil exports through its southern pipelines and speculative activity dwindled, analysts said.
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Oil prices fell for a fifth consecutive day Thursday despite a sharp drop in Iraqi exports after pipelines were sabotaged -- evidence that the bull market may have lost some steam.
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Oil prices dipped below $46 on Tuesday, making a third day of falls as a more optimistic Iraq export picture unwound some of the supply worries that have lifted the market to historic levels.
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U.S. oil prices slid below $46 on  Tuesday, marking the third successive session of falls as Iraqi  exports returned to near normal, although supply uncertainties  kept the market close to historic levels.
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Oil futures dropped by nearly $1 per barrel Monday despite pipeline sabotage in Iraq that has delayed exports from a southern port - reinforcing the view among traders that prices had risen too fast earlier this summer.
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U.S. oil prices slid below &#36;46 on Tuesday, marking the third successive session of falls as Iraqi exports returned to near normal, although supply uncertainties kept the market close to historic levels.