Iraqi oil production peaks

Iraqi oil production has risen to its highest level since the 2003 invasion on the back of improved security across the country, according to a new US government report.

Iraq pumped an average of 2.43m bpd between April and June, according to the Special Inspector General for Iraq Reconstruction, writes Demetri Sevastopulo for The Financial Times.

The report by the Special Inspector General for Iraq Reconstruction (SIGIR) said the combination of record production and high global oil prices…

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