Yemen's production and exports of crude oil have come to a near standstill, shipping sources said on Wednesday, after a mid-March blast at one oilfield and a workers' strike at another.
The poorest Arab country's output of 110,000 barrels per day of Marib Light crude oil from its offshore Ras Isa terminal in the Red Sea closed three weeks ago after an explosion on the main pipeline carrying crude oil. [ID:nLDE72D1IR]
"There have been no exports of crude from Ras Isa for the past three and a half weeks," one shipping source said. "There has been no production of Marib Light crude since then."