Iraqi crude oil production hit its highest in 13 months in July of 4.46 million b/d, the country’s State Oil Marketing Organization said Thursday. Receive daily email alerts, subscriber notes & personalize your experience. OPEC’s second largest producer has consistently reported total production of 4.36 million b/d since September last year. Both figures include output from the semi-autonomous Kurdistan Regional Government. Under the OPEC cut deal, which began January 1, 2017, and has now been extended through to the end of 2018, Iraq was given a ceiling of 4.351 million b/d. Along with its non-OPEC allies, the group agreed June 23 to raise production by 1 million b/d. However, it left unsettled how the increase would be allocated. S&P Global Platts latest OPEC survey , one of the secondary sources used by the producer group to gage compliance, put Iraqi production at 4.57 million b/d […]