Iraq's August oil exports lower on tighter OPEC+ compliance

摘要

Dubai-Iraq's oil exports, excluding those from the semi-autonomous Kurdish region, fell 6% in August from July, the oil ministry said Sept. 1, signaling tighter compliance with its OPEC+ quota. Exports fell to 2.597 million b/d in August from 2.763 million b/d in July, the oil ministry said in a statement. Exports were only 2% lower in July than in May. The ministry didn't publish production figures. OPEC's second largest oil producer earned $3.517 billion as it sold its crude at an average of $43.693/b in August, compared with $3.491 billion at an average of $40.762/b in July.