Iraq’s southern crude exports have been averaging 2.7 million b/d in February, in line with the country’s OPEC+ quota, the head of state-owned Basra Oil Co. said in an oil ministry statement Feb. 24. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Iraq is committed to compliance with OPEC+ output cuts, Khaled al-Hamza said in the statement. Basra Oil Co. manages oil production from the southern fields. OPEC’s second largest oil producer pumped 3.807 million b/d of crude in January, including from the semi-autonomous Kurdistan region, State Oil Marketing Organization said Feb. 3, below its 3.857 million b/d quota, which is effective through March. Production from the federal government rose 0.7% on the month to 3.388 million b/d in January, […]