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July exports rise as OPEC continues quota hikes

Iraqi oil sales increased in July, even as the fate of a deal to restart northern exports via Turkey remains uncertain.
Iraqi Oil Minister Hayyan Abdulghan (second from right) participates by videoconference in a meeting of the OPEC-plus Joint Ministerial Monitoring Committee on July 28, 2025. (Photo credit: Oil Ministry)
Ben Van Heuvelen of Iraq Oil Report
Monday, August 4th, 2025

Iraqi oil exports increased in July to about 3.379 million barrels per day (bpd), according to Oil Ministry data, up from 3.296 million bpd in June.*

Revenues also increased. Iraq earned about $7.185 billion from oil sales in July, up from $6.698 billion in June, according to Oil Ministry data.

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