Iraq raises oil exports during July despite its pledge in the OPEC + agreement

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Iraq raises oil exports during July despite its pledge in the OPEC + agreement, today, Tuesday, July 21, 2020 04:01 pm

The average of Iraq’s exports from the south of the country in the first 20 days of July was 2.70 million barrels per day, according to the average figures from Refinitiv Aikon and exporters in the sector, without changing from the official figures for the month of June for exports from southern Iraq.

July’s data indicated that Iraq is still a little far from fulfilling its pledges and is issuing more than what a download program for June indicates.

Iraq informed OPEC + that it would replace its overproduction in May and June by making a further cut in subsequent months.

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