Iraq’s oil output surges in June as southern fields ramp up

Production and exports are rising as OPEC-plus quotas continue to loosen and high global oil prices bring record revenues.
Workers survey the Halfaya oil field in 2011. It is being developed by China’s CNPC, with junior partners Petronas of Malaysia and Total of France. (ESSAM AL-SUDANI/AFP/Getty Images)

Iraq’s oil production moved sharply higher in June, with a monthly increase of 153,000 barrels per day (bpd) taking output to 4.62 million bpd, the highest since February 2020, according to field-by-field data compiled by Iraq Oil Report.*

Nationwide exports also increased, to 3.746 million bpd, up from 3.729 million bpd in May** — with a large increase in federal exports offsetting a slight decline in oil sales by the semi-autonomous Kurdistan Regional Government (KRG).

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