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OIL: Iraq Crude Exports Rose to 3.295mb/d in January: OPEC Representative

OIL

Iraq crude oil exports rose to about 3.295mb/d in January from 3.25mb/d the previous month, according to Mohammed Al-Najjar, Iraq’s national representative at OPEC, cited by Bloomberg.

  • Crude production, excluding Kurdistan, was relatively unchanged at 3.685mb/d in January compared to 3.68mb/d in December but down from 3.93mb/d in October, officials previously said.
  • Iraq’s OPEC quota is set at 4mb/d in Q1 2025 while the January OPEC monthly oil report showed production at 4.019mb/d in December.
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Iraq crude oil exports rose to about 3.295mb/d in January from 3.25mb/d the previous month, according to Mohammed Al-Najjar, Iraq’s national representative at OPEC, cited by Bloomberg.

  • Crude production, excluding Kurdistan, was relatively unchanged at 3.685mb/d in January compared to 3.68mb/d in December but down from 3.93mb/d in October, officials previously said.
  • Iraq’s OPEC quota is set at 4mb/d in Q1 2025 while the January OPEC monthly oil report showed production at 4.019mb/d in December.