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    Home > Chemicals Industry > Chemical Technology > Southern Iraq's oil exports in September were near record highs

    Southern Iraq's oil exports in September were near record highs

    • Last Update: 2022-11-26
    • Source: Internet
    • Author: User
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    According to Reuters on September 20, oil exports from southern Iraq will hit a record high this month, two industry sources said, further indicating that OPEC's second-largest producer is fulfilling a deal to increase supply, while local turmoil will not affect shipping
    .

    Southern Iraq exported an average of 3.
    6 million barrels per day in the first 19 days of September, up 20,000 barrels
    per day from the current monthly record of 3.
    58 million barrels per day in August, according to vessel tracking data collected by an industry insider.

    In June, OPEC and its allies reached an agreement to increase oil supplies, which have been limiting production since 2017 to eliminate the oversupply
    .

    In August, Iraq became OPEC's second-largest producer as Iran's oil exports, which are facing a new round of U.
    S.
    sanctions
    , dwindled.

    123Next View full article

    According to Reuters on September 20, oil exports from southern Iraq will hit a record high this month, two industry sources said, further indicating that OPEC's second-largest producer is fulfilling a deal to increase supply, while local turmoil will not affect shipping
    .

    petroleum

    Southern Iraq exported an average of 3.
    6 million barrels per day in the first 19 days of September, up 20,000 barrels
    per day from the current monthly record of 3.
    58 million barrels per day in August, according to vessel tracking data collected by an industry insider.

    In June, OPEC and its allies reached an agreement to increase oil supplies, which have been limiting production since 2017 to eliminate the oversupply
    .

    In August, Iraq became OPEC's second-largest producer as Iran's oil exports, which are facing a new round of U.
    S.
    sanctions
    , dwindled.

    123Next View full article
    123Next View full article
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