Iraq: Iraq Exports More Oil From Southern Terminals Far From Conflict
Sep 23, 2014
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Alex Lawler, Reuters
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Iraq's oil exports from its southern terminals on the Gulf, far from the fighting in its north, have increased so far this month as bad weather and logistical delays subsided, approaching a record high reached in May.
Three months after an advance by Islamic State into northern Iraq sent oil prices soaring to $115 a barrel, the fighting has not reduced Iraq's exports from the south, the main outlet for its crude to world markets.