BR100 Increased By (0.22%)
BR30 Increased By (0.04%)
KSE100 Increased By (0.18%)
KSE30 Increased By (0.21%)
AGHA 6.75 Increased By ▲ 0.07 (1.05%)
BECO 4.40 Increased By ▲ 0.03 (0.69%)
BML 56.50 Decreased By ▼ -0.82 (-1.43%)
BOP 30.49 Increased By ▲ 0.14 (0.46%)
CNERGY 13.12 No Change ▼ 0.00 (0%)
CSIL 5.40 Decreased By ▼ -0.01 (-0.18%)
FCCL 52.95 Increased By ▲ 0.16 (0.3%)
FFL 14.82 Increased By ▲ 0.10 (0.68%)
FNEL 1.13 Increased By ▲ 0.01 (0.89%)
KEL 6.10 Increased By ▲ 0.01 (0.16%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.64 Increased By ▲ 0.18 (0.68%)
MLCF 93.50 Increased By ▲ 0.34 (0.36%)
NBP 165.00 Increased By ▲ 0.34 (0.21%)
NCPL 55.72 Increased By ▲ 0.06 (0.11%)
NPL 61.10 Decreased By ▼ -0.06 (-0.1%)
OGDC 315.70 Decreased By ▼ -1.03 (-0.33%)
PACE 9.94 Increased By ▲ 0.07 (0.71%)
PAEL 35.65 Increased By ▲ 0.02 (0.06%)
PIBTL 14.99 Increased By ▲ 0.31 (2.11%)
PPL 225.75 Decreased By ▼ -1.16 (-0.51%)
PRL 93.37 Increased By ▲ 0.35 (0.38%)
PTC 60.44 Increased By ▲ 0.18 (0.3%)
SSGC 23.86 Increased By ▲ 0.05 (0.21%)
TBL 8.83 Increased By ▲ 0.08 (0.91%)
TELE 7.86 Increased By ▲ 0.06 (0.77%)
TPL 22.70 Increased By ▲ 0.35 (1.57%)
TPLP 12.96 Decreased By ▼ -0.01 (-0.08%)
TREET 22.31 Increased By ▲ 0.15 (0.68%)
TRG 56.98 Increased By ▲ 0.42 (0.74%)
Markets

Storms slice Iraq's Basra oil exports

Normal 0 MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ ta
Published Updated

Normal 0 MicrosoftInternetExplorer4

st1\:*{behavior:url(#ieooui) }

/* Style Definitions */
table.MsoNormalTable
{mso-style-name:"Table Normal";
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-parent:"";
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin:0in;
mso-para-margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:10.0pt;
font-family:"Times New Roman";}

oilBAGHDAD: Oil exports from Iraq's southern Basra terminal dropped to 720,000 barrels per day (bpd) on Saturday due to dust storms and high winds, a shipping source said.

Iraq had been pumping around 2 million bpd on Thursday. A dust storm cut exports to 960,000 barrels on Friday and then to 720,000 on Saturday, the shipper said.

"Dusty weather and high winds made it difficult for some ships to reach berth," the shipper said on condition of anonymity.

Exports from Basra, Iraq's main oil hub tend to fluctuate widely due to weather conditions or technical problems.

Copyright Reuters, 2011

Comments

Comments are closed for this article.