Iraq’s oil exports have averaged 3.20 million barrels per day (bpd) so far in June, according to loading data and an industry source, setting shipments from OPEC’s second-largest producer on course for a record high. Another boost from Iraq underlines the focus of major members of the Organization of the Petroleum Exporting Countries in keeping market share, not restraining supply to support prices. OPEC met on June 5 and kept its policy unchanged. Exports from Iraq’s southern terminals have averaged 3.00 million barrels per day (bpd) in the first 15 days of June, according to shipping data seen by Reuters and an industry source, up from 2.69 million bpd in all of May. Shipments have jumped after Iraq’s decision to split the crude stream into two grades, Basra Heavy and Basra Light, to resolve quality issues. Some companies working at Iraqi oilfields have increased production following the move. […]