Iraq’s crude production climbed to 3.37 million barrels per day in August, Energy Intelligence assesses, up from 2.77 million b/d in July, as a sharp recovery in exports through the Strait of Hormuz gave southern fields greater room to restore output curtailed by months of shipping disruption.
Hormuz Export Rebound Pulls Iraq Oil Output Higher
Recovering southern exports eased Iraq’s evacuation constraints, but narrower September discounts could stall output gains.
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