Iraq Raises Crude Oil Exports In January ...Middle East

Iraq’s oil exports increased slightly in January 2021 compared to December 2020, data from the country’s oil ministry showed on Monday, suggesting that Iraq is again looking to maximize oil revenues at the risk of busting its OPEC+ compliance.   Iraq, OPEC’s second-largest producer and the biggest laggard in complying with the OPEC+ group’s production cuts, saw its crude oil exports increase to 2.868 million barrels per day (bpd) in January, up from 2.846 million bpd exported in December 2020, according to data from…

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