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Iraq Basra Oil Exports Restored to 2.66 mln bpd

Source: Reuters 10/29/2012, Location: Middle East

Oil exports from Iraq's southern Basra terminals were restored to more than 2.66 million barrels per day after bad weather cut shipments, shipping and state oil company sources said.

"Rough weather has improved around the ports allowing ships to start loading," one shipping source told Reuters.

High winds reduced crude exports to 792,000 bpd at the offshore export terminals.

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