Iraq to cut Basra Oil Exports again

By John Lee.

Reuters reports that Iraq plans to cut crude oil exports from Basra to 3.013 million bpd in March.

This would be comprised of 2.207 million bpd of Basra Light blend, and 806,000 bpd of Basra Heavy.

According to the report, this would be the lowest Basra export since August.

(Source: Reuters)

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