Iraqi crude output falls 79,000 bpd in May

OPEC's second-largest producer is struggling to take advantage of loosening quotas and spare capacity due to infrastructure bottlenecks.
Flares burn at the Rumaila oil field. (BEN VAN HEUVELEN/Iraq Oil Report/Metrography)

Iraq’s oil production fell for a second consecutive month in May with output declines from fields both under federal control and in the Kurdistan region.

Overall total production decreased to 4.48 million barrels per day (bpd), down 79,000 bpd from April, according to field-by-field data compiled by Iraq Oil Report.

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