ALJUHUD Oil Services

Oil exports rise for second consecutive month

Iraq’s federal oil exports rose again in June, the second monthly increase since April, even as the Kurdistan region’s exports remained offline due to the continued shutdown of the northern export pipeline through Turkey.

According to preliminary Oil Ministry data,* Iraq exported 3.335 million barrels per day (bpd) in June, up from 3.305 million bpd in May and 3.288 million bpd in April.