Oil prices fell further on 29 April as the market continued to react to OPEC's quota increases and news of progress on Iraqi production. Production resumed at the northern Kirkuk field on 28 April at 25,000 barrels a day (b/d), a week after the south Rumailla field restarted at 50,000 b/d.
Oil prices at 1500 GMT on 29 April, compared with the previous day were:
Brent fell $0.28 to $23.21
Dubai fell $0.29 to $22.58
WTI fell $0.37 to $25.34
You might also like...
Morocco tenders Noor Midelt 2
25 April 2024
Saudi Arabia's Roshn launches Aldanah Dhahran project
25 April 2024
Adnoc sees project spending uptick
25 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
