Basra crude output reduced for July
Iraq will reduce its daily exports of Basrah Light crude from the Persian Gulf by 3.8 percent in the second half of July compared with the previous two weeks, a loading program obtained by Bloomberg News showed. The nation will ship 24 cargoes from the Basrah Oil Terminal, compared with 18 in the first half […]Sherry Su reports for Bloomberg News:
Iraq will reduce its daily exports of Basrah Light crude from the Persian Gulf by 3.8 percent in the second half of July compared with the previous two weeks, a loading program obtained by Bloomberg News showed.
The nation will ship 24 cargoes from the Basrah Oil Terminal, compared with 18 in the first half of this month, according to the plan. Exports will total 33.6 million barrels, or 2.1 million barrels a day, compared with 2.19 million a day two weeks earlier.
