Iraq’s Basra Oil Co will cut crude oil output at the Nahr Bin Omar field to a minimum because of pollution and gas emissions.
SEATTLE (Oil Monster): Iraq’s Basra Oil Co will cut crude oil output at the Nahr Bin Omar field to a minimum because of pollution and gas emissions, state news agency reported on Sunday.
The company’s Director General Ihsan Abduljabbar said: “Nahr Bin Omar oilfield is considered one of the most controversial fields because of the pollution and gas emissions”.
Abduljabbar added “it has been decided to cut crude oil production to minimum and to stop operating all oil wells to provide environmental protection”.
Courtesy: www.reuters.com
| United States Crude Oil Prices | |||
|---|---|---|---|
| COMMODITY | PRICE | CHANGE | |
| Alabama Heavy Asphaltic Sour | 66.23 | +0.70 | |
| Alabama Light Sour | 73.59 | +0.78 | |
| Alabama Light Sour Womack Hill Type | 55.28 | +5.30 | |
| Alabama Light Sweet | 78.59 | +0.78 | |
| Alabama/ Florida Panhandle | 76.82 | +0.80 | |
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