Iraq's Basra oil exports restored to 1.488 mln bpd - shipper
BAGHDAD (Reuters) - Oil exports from Iraq's southern Basra terminals were restored to 1.488 million barrels per day on Friday after bad weather reduced exports on Thursday, a shipping source said.
"Weather is clear around the export ports and ships started loading crude on Friday afternoon," the source told Reuters. High winds had reduced crude exports to 768,000 bpd at the offshore export terminals on Thursday.
Exports from Basra, Iraq's main oil-exporting hub, often fluctuate widely due to weather or technical problems.
(Reporting by Ahmed Rasheed)
- Tweet this
- Share this
- Digg this
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
Trending On Reuters
U.S. President Barack Obama watched a dazzling parade of India's military might and cultural diversity on Monday, the second day of a visit trumpeted as a chance to establish a robust strategic partnership between the world's two largest democracies. Full Article
Indian economic growth forecasts pegged back, despite rate cuts: Reuters Poll. Full Article