Exports steady in April
Iraq's oil sales are well below capacity due to OPEC cuts, but monthly revenues are trending upward along with global crude prices.
Tankers dock at the Al-Basra Oil Terminal. (BEN LANDO/Iraq Oil Report)
Iraq's crude exports remained steady from March to April, as the federal government and the autonomous Kurdistan Regional Government (KRG) combined for oil sales of 3.858 million barrels per day (bpd).*
Federal exports rebounded to 3.466 million bpd in April, up from 3.377 million bpd in March, when bad weather in the Basra Gulf slowed the pace of tanker loadings.
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