Iraqi exports rise as OPEC continues quota increase

Iraq's November exports increased, but oil revenues dipped because of falling global crude prices.
Loading arms at the terminal for Iraqi crude exports at the Turkish port of Ceyhan. (STAFF/Iraq Oil Report)

Iraq’s nationwide oil exports rose to 3.678 million barrels per day (bpd) in November* compared with 3.523 million bpd in October, with federal exports accounting for nearly all of the 155,000 bpd monthly increase.

Federal exports amounted to 3.273 million bpd in November, up from 3.120 million bpd the previous month, according to preliminary Oil Ministry figures.

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