Oil prices fall further

29 April 2003
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

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