(Financial Times-Washington Post) Javier Blas - Syria has told foreign oil companies to cut production as a backlog of crude fills its storage capacity because the government has been unable to bypass an EU embargo on exports. Before the ban, the EU bought 95% of the country's crude exports. However, not a single cargo of Syrian crude has left the nation's main export oil ports this month, according to shipping data.
2011-09-27 00:00:00Full ArticleBACK Visit the Daily Alert Archive