Iraq says fires put out at four oil wells in town captured from IS
- Wall Street dips as Verizon drags; AmEx curbs losses
- AT&T (T) Said to Discuss Idea of Takeover in Time Warner (TWX) Meetings
- UPDATE: Qualcomm (QCOM), NXP Semiconductors (NXPI) Deal Could be Announced Next Week - Bloomberg
- Tesla (TSLA) Announces Self-Driving Hardware for All Vehicles in Production; Includes Model 3
- Walgreens Boots Alliance (WBA) Tops Q4 EPS by 8c; Guides FY17 EPS
Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.
BAGHDAD (Reuters) - Iraq has put out fires at four oil wells in the oil-producing region of Qayyara which Iraqi forces recaptured from Islamic State last week, the oil ministry said on Monday.
"Work is underway to put out flames in the remaining wells or oil spots that Daesh criminal gangs set ablaze before fleeing the city," Deputy Oil Minister Fayadh al-Nema said in the statement. Islamic State is also known as Daesh.
He didn't say how many fires were still ablaze.
The Qayyara region produces heavy sour crude and has a small refinery to process some of the oil.
(Reporting by Saif Hameed, writing by Maher Chmaytelli; editing by Susan Fenton)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- UPDATE: API Crude Inventory -3.8M Barrels
- CPI (Sep. MoM) 0.3% vs 0.3% Expected; Ex-Food & Energy 0.1% vs 0.2%
- EIA Weekly Crude Inventory Data Shows Larger Than Expected Draw
Create E-mail Alert Related CategoriesCommodities, Reuters
Related EntitiesCrude Oil
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!