Iraq has boosted its oil exports as part of the gradual rollback of voluntary production cuts agreed under the OPEC+ alliance, the country’s state oil marketer SOMO confirmed on Sunday. According to SOMO’s director general, Ali Nizar Al-Shatari, the increase in shipments is set to bring in “hundreds of millions of dollars” in additional revenues at current price levels, Iraq’s state news agency reported. While he did not provide an exact figure for the latest rise, he noted that adding 200,000 barrels per day (bpd)…
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