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[ltr]Lower oil prices due to the increase in production from Iraq[/ltr]
Since 08.29.2016 at 08:29 (Baghdad time)
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[ltr]Follow-up scales News[/ltr]
[ltr]Rising production from Iraq and Iran's announcement that it will not cooperate in the upcoming talks between oil-producing countries to freeze production unless the Petroleum Exporting Countries has recognized its right to the full restoration of market share.[/ltr]
[ltr]Prices of futures contracts for Brent International fell 38 cents from the previous closing level of $ 49.54 a barrel at 0043 GMT.[/ltr]
[ltr]Futures contracts for WTI prices have dropped by US mediator 43 cents to $ 47.21 a barrel.[/ltr]
[ltr]Traders said that the fall in prices was the result of higher production from the Middle East with an average oil exports from the ports of southern Iraq 3.205 million barrels per day in August, exceeding the average level experienced by these exports in July, according officials said from the South Oil Company, the state-run.[/ltr]
[ltr]The average exports in July, 3.202 million barrels per day.[/ltr]
[ltr]Iran also said last week it would not cooperate in the upcoming talks held by producers in September unless the exporters against Tehran admitted to regain market share lost during the international sanctions that did not raise them only in January Althani.anthy 29 / A 43[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
Since 08.29.2016 at 08:29 (Baghdad time)
[ltr][You must be registered and logged in to see this image.][/ltr]
[ltr]Follow-up scales News[/ltr]
[ltr]Rising production from Iraq and Iran's announcement that it will not cooperate in the upcoming talks between oil-producing countries to freeze production unless the Petroleum Exporting Countries has recognized its right to the full restoration of market share.[/ltr]
[ltr]Prices of futures contracts for Brent International fell 38 cents from the previous closing level of $ 49.54 a barrel at 0043 GMT.[/ltr]
[ltr]Futures contracts for WTI prices have dropped by US mediator 43 cents to $ 47.21 a barrel.[/ltr]
[ltr]Traders said that the fall in prices was the result of higher production from the Middle East with an average oil exports from the ports of southern Iraq 3.205 million barrels per day in August, exceeding the average level experienced by these exports in July, according officials said from the South Oil Company, the state-run.[/ltr]
[ltr]The average exports in July, 3.202 million barrels per day.[/ltr]
[ltr]Iran also said last week it would not cooperate in the upcoming talks held by producers in September unless the exporters against Tehran admitted to regain market share lost during the international sanctions that did not raise them only in January Althani.anthy 29 / A 43[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
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