Iraqi production continues to rise

Steady month-on-month increases are due to new drilling at the Halfaya field and recovering output from state-run fields.
Iraqi production continues to rise
Iraqi Oil Minister Jabbar al-Luiebi (third from left) marks the start of the third phase of development at Missan's Halfaya field on July 8, 2017. (Source: Iraqi Oil Ministry's Media Office)

ERBIL - Iraq's production and exports are rebounding to levels the country has not achieved since January, before OPEC cuts began taking full effect.

Iraq produced an estimated 4.659 million barrels of oil per day (bpd) in August, according to an Iraq Oil Report analysis of data gathered from each of the country’s producing fields - up from 4.604 million bpd in July.

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