Iraq’s oil exports, excluding those from the semi-autonomous Kurdish region, fell 6.6% in May, according to the oil ministry, indicating that OPEC’s second-biggest oil producer may have struggled to cut its output by about 23% in accordance with the new OPEC+ agreement. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Iraq’s oil exports in May averaged 3.212 million b/d, the ministry said in a statement on June 1. In April, exports were 3.438 million b/d. Iraq had agreed to trim its output by 1.061 million b/d in May and June as part of a broader OPEC+ pact to cut production by a historic 9.7 million b/d during these two months. Iraq, which does not publish its […]