Iraq pumped 4.34 million b/d in March, just under cap: S&P Global survey OPEC+ production fell in March for the first time in a year: survey OPEC+ supply constraints have helped lift oil prices in recent weeks Iraq is unable to increase oil exports in response to the surge in global oil prices and Russia-related supply disruptions, Deputy Prime Minister Ali Allawi said April 19 during a visit to Washington, exacerbating the ability of OPEC+ to boost its output to compensate for production shortages that have helped lift prices to nearly $140/b. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “It’s unlikely that we can export more, but we can certainly substitute for imports of oil byproducts and gas,” Allawi, who is also finance minister, said during an Atlantic Council event. Iraq “obviously [is] committed to the OPEC-mandated agreements.” He didn’t disclose […]