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<Commodity>Iraq, Kurdish Region Reach Oil Export Deal; Int'l Oil Prices Ebb This Morning
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Iraq and the semi-autonomous Kurdish region reached an agreement to resume oil exports through a pipeline in the Kurdish region. Oil transportation is set to resume at 10 a.m. local time on Wednesday (18th). During the Asian trading session this morning, international oil prices receded. Brent oil futures for May delivery sagged by 1.75% to USD101.62 per barrel, while New York oil futures for April delivery dropped by 2.5% to USD93.8 per barrel. AASTOCKS Financial News Website: www.aastocks.com |
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