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Iraqi Crude Shipments Steady Next Year Despite Increased Demand

OIL

Iraq plans to keep oil shipments steady at about 3.3 million to 3.4 million barrels a day next year according to an official speaking with Bloomberg, despite requests for more oil.

  • Iraq will decide what to allocate to each customer over the coming months, but it won’t be able to meet all the requests for additional supply.
  • South Korea is among the countries seeking more crude.
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Iraq plans to keep oil shipments steady at about 3.3 million to 3.4 million barrels a day next year according to an official speaking with Bloomberg, despite requests for more oil.

  • Iraq will decide what to allocate to each customer over the coming months, but it won’t be able to meet all the requests for additional supply.
  • South Korea is among the countries seeking more crude.