Iraq on June 7 reported its May crude oil production was 4.213 million b/d, well above its OPEC+ quota, one day after it agreed to improve its compliance with historic output cuts. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Exports were 3.633 million b/d, Iraq’s state-owned marketing company SOMO said in a statement. The output and export figures include federal Iraq and the semi-autonomous northern Kurdistan Regional Government. Output was well above its quota of 3.592 million b/d for May and June. as agreed under the historic production cuts of OPEC and its allies, led by Russia. Ministers on June 6 approved a one-month rollover of their now 9.6 million b/d production cut accord through July after receiving pledges of […]