Iraq Oil Report is publishing the oil production data used by Baghdad in accusing Erbil of smuggling and shutting in oil revenues.
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Iraq ready for refinery pitches
Potential investors face a looming deadline to bid on four refinery deals, and Iraq Oil Report has obtained the specs and investment terms of the projects.
Iraq crude exports steady in March
Oil sales were undiminished in March despite the Oil Ministry recommitting to supplemental OPEC-plus cuts that now extend through June.
Beyond the Headlines: Aug. 15-21
Shootout at West Qurna 2 Missan police leadership vacuum Dhi Qar leader under investigation Kirkuk smugglers thwarted
Iraq’s oil exports decline as northern sales slump
Exports fell for the second straight month despite elevated OPEC-plus output targets.
July oil exports slightly down
Iraq's crude sales receded in July as seasonal demand spikes fueled domestic consumption and quality issues hurt the marketing of Basra Heavy.
Oil exports tick up in September, but revenue declined
Crude exports from southern Iraq ports increased month-on-month, with loadings further bolstered by new Kirkuk sales from Ceyhan as Baghdad-Erbil deal enters second month intact.
Iraqi exports hold above 3.4 million bpd in August
Iraq is pushing the limits of its outdated southern export infrastructure as a dispute with Turkey is keeping the northern pipeline system offline.
Oil exports rise for second consecutive month
KRG crude exports are still shut in due to the northern pipeline outage, but federal exports have increased further, nearing the maximum capacity of outdated Basra Gulf infrastructure.
Iraq’s August oil revenues steady as export volumes rise
Oil sales hit a 20-month high as Iraq increased export volumes and opened up a new revenue stream with jet fuel exports.
July oil exports and revenues climb
With OPEC-plus pressure easing, Iraq increased exports slightly in July while higher oil prices drove monthly revenues to a 19-month high.
Export increase gives Iraq more oil revenues despite price drop
Federal Iraq exports increase by more than 250k bpd and KRG posts slight decline.
Oil price recovery boosts Iraq’s June export earnings above $6 billion
Nationwide exports declined slightly to 3.318 million bpd as Iraq faces OPEC-plus expectations to limit output to compensate for past overproduction.
May oil revenues hit 16-month high
Iraq's nationwide oil exports fell slightly month on month, but rising oil prices more than made up the difference.
April oil revenues drop slightly despite increased exports
Because of weaker global oil prices, Iraqi oil revenues dropped 5 percent even though exports ticked upward.
Rising oil sales fuel hopes of funding new 2021 budget targets
After passing a budget with a record-setting deficit, Iraq is banking on more months like March to meet spending goals and recover from a financial crisis.
Iraqi crude exports rise 4 percent in February
Bolstered by higher export volumes and rising global prices, both the Iraqi federal government and the Kurdistan region achieved one-year highs for monthly oil revenue.
Oil price rebound and new crude grade boosts Iraq exports
Federal Iraq's oil revenues hit a 10-month high in January, while the Kurdistan region's sales dipped slightly.
Iraqi exports keep climbing as OPEC quotas ease
Nationwide exports hit their highest monthly average since May 2020.
Iraq oil exports and revenue up in December, but down year-on-year
Oil exports ended 2020 on a relative high note, but the year saw federal Iraq post its lowest annual export volumes since 2014 and worst revenue total in more than a decade.
Iraqi oil exports fall as OPEC scrutiny rises
Countrywide exports of 3.143 million bpd suggest Iraq has reduced output, with OPEC-plus members insisting on full quota compliance as they consider extending cuts.
August oil exports drop 5.5% but revenues rise
Falling export volumes suggest Iraq is following through on promises to make extra production cuts in support of an OPEC-plus effort to support global prices.
Loadings from Turkey lead slight Iraqi export increase
Iraqi oil sales are still near six-year lows, and revenue has dipped along with global oil prices.
Iraqi oil exports and revenues drop in rough start to the year
Oil sales throughout the country declined last month, as the price of oil drops.