Iraq’s crude oil exports fell in August compared to July, as OPEC’s second-largest producer is reducing supply in an attempt to comply with the OPEC+ production cut pact, which it had largely disregarded in previous deals. Iraq’s crude oil exports in August averaged 2.597 million barrels per day (bpd), down from the previous month, according to early estimates from Iraq’s State Oil Marketing Organization (SOMO) received by the Shafaq News agency . In July, Iraq’s total crude oil exports stood at 2.763 million bpd, oil ministry data showed . In August, Iraq’s crude oil exports of 2.597 million bpd included 2.5 million bpd of exports from the southern oil ports at Basra and another 97,000 bpd of oil exports from Iraq’s northern oilfields through the Turkish port of Ceyhan, SOMO said today. The average price per barrel of exported Iraqi oil was $43.693. Iraq’s revenues from its oil exports […]