Expectations of lower ore exports in Basra next month 10/13/2015
Expectations of lower ore exports in Basra next month
Sources in the oil industry said on Tuesday that Iraq plans to export 2.819 million barrels per day of crude from the southern Basra oil harbors in November. Traders said "Iraq is planning to export about 2.1 million barrels per day of Basra light crude in the next month, down from 2.8 million barrels per day in the forecast this month." They added that "it is possible that Iraq's exports fall of Basra crude heavy to about 720 thousand barrels per day in November against the size chart in this month of about 900 thousand barrels per day and was based on sources a tentative program to ship oil shipments" .