Browse related articlesOil hits $107 after Iraq blast
Iraq: Saturday, March 29 - 2008 at 08:06
Oil prices has reached above $107 on Friday, after news broke out that saboteurs had blown up an Iraqi export pipeline, cited AFP. A spokesman for the Southern Oil Company said one of Iraq’s two main oil export pipelines near the southern city of Basra was blown up by saboteurs. The pipeline carries crude from the Zubair oil field to the Al-Faw storage facility from where it is exported.
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Medilyn Manibo, Assistant News EditorSaturday, March 29 - 2008 at 08:06 UAE local time (GMT+4)
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