oil exports


Oil Below $107 After Overnight Jump

Topix - Business News  Sat, 03/29/2008 - 18:01

"There has been limited reporting on the extent and severity of the damage ... it's still a little bit unclear exactly how much damage was done"

Oil prices fell Friday after jumping more than $1 a barrel in the previous session as the bombing of a key Iraqi oil pipeline heightened supply concerns.

Thursday's bombing appeared to cut oil exports from the southern oil city of Basra, despite oil officials' statements to the contrary.