Iraq’s Oil Exports to Stay Steady This Month, Rise in February
- Some buyers are being stung by higher prices, says Iraq’s Somo
- OPEC+ will continue working to balance the market, says Nizar
West Qurna oil field near Basra.
Photographer: Nabil al-Jurani/APThis article is for subscribers only.
Iraq said its oil exports would stay steady this month and rise slightly in February.
Crude shipments will probably average 3.2 million barrels a day in January from fields controlled by the central government, Ali Nizar, deputy director-general of state marketing company Somo, told reporters on Sunday in Baghdad. The figure will rise to 3.3 million next month, he said.