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Iraqi Oil Production 4.47mn bpd June

OIL

Iraq’s nationwide crude production rose by 70,000 bpd in June m/m, to 4.47 million bpd compared with 4.40 million bpd in May, according to the Iraq Oil Report.

  • The figures are based on data obtained from oil producing fields.
  • Output from Iraqi Kurdistan, which is included in the nationwide tally, is down to roughly 104,000 bpd — less than a quarter of its capacity.
  • The stop of flows is due to the continued shutdown of the export pipeline route through Turkey, forcing most fields to stop producing or operate at reduced levels.

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