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IRAQ DATA: Federal oil exports rise 4% in April amid higher OPEC+ quota | Hellenic Shipping News Worldwide

Iraq’s federal oil exports, excluding flows from the semi-autonomous Kurdistan region, rose 4.2% month on month in April, oil ministry data showed May 1, amid a higher OPEC+ quota. Total federal exports reached 3.380 million b/d in April, compared with 3.244 million b/d in March, according to ministry data. In March, federal oil exports had . ....

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Iraq's Delicate Balancing Act Between OPEC And Its Economy

Iraq is one of the biggest oil producers on the planet, but even though its economy is dependent on oil exports, it may struggle to ramp up its exports much further ....

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Iraq not likely to increase oil exports, backs OPEC cuts as a success: finance minister

Iraq is unable to increase oil exports in response to the surge in global oil prices and Russia-related supply disruptions, Deputy Prime Minister Ali Allawi said April 19 during a visit to Washington, exacerbating the ability of OPEC+ to boost its output to compensate for production shortages that have helped lift prices to nearly $140/b. . ....

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