Iraqi exports keep climbing as OPEC quotas ease

Nationwide exports hit their highest monthly average since May 2020.
A worker stands at the al-Basra Oil Terminal (ABOT), one of Iraq's major export outlets, February 2010. (BEN LANDO/Iraq Oil Report)

Iraq's nationwide oil exports increased by 130,000 barrels per day (bpd) in September,* a sign that the country continues to bring supply back online in response to easing OPEC-plus quota policies.

The federal government's oil sales averaged 3.081 million bpd, up from 3.054 million bpd in August, for a total of $6.777 billion in revenue, according to preliminary figures released by the Oil Ministry.

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