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Iraq resumes oil through Turkey
- Iraq: Wednesday, April 20 - 2005 at 07:45
Iraq has officially resumed crude exports to Turkey's Mediterranean port of Ceyhan, according to a State Oil Marketing Organization official. Oil exports through Turkey, previously averaging 350,000 bpd from Kirkuk oil fields, have repeatedly been stopped by insurgency sabotage. In trading, US light crude gained $1.92 to close at $52.29 per barrel while London Brent moved up $2.16 to $52.94 per barrel.
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James McInerney, News EditorWednesday, April 20 - 2005 at 07:45 UAE local time (GMT+4)
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