Oil abandons the highest levels of 2015 after a rise in Iraqi exports

Cairo directly: Crude oil prices fell on Friday to fall from highs during 2015, after the announcement of the Iraqi Oil Ministry that exports have risen during the month of April to about 3.08 million barrels a day compared to 2.98 million barrels in March.

The Iraqi Oil Ministry on Friday that exports from the southern ports amounted to 2.627 million barrels per day, while exports from the north reached across the Kurdistan region of pipeline 450 thousand barrels per day during April.

Brent crude fell on Friday, when the settlement rate of 32 cents by 0.48% to $ 66.46 a barrel, and Brent climbed on Thursday to its highest level in 2015 at $ 66.93 a barrel.

The decline in US crude settled rose by 0.8% to $ 59.15 by the barrel, falling from its highest level in 2015, which was at $ 59.90 a barrel.

At the level of the monthly performance, the price of Brent crude and US crude rose in April by 20% and 25%, respectively, on the back of expectations of a decline oversupply, oil recovering from the previous wave landing.