Iraq plans to increase exports of Basrah crude by 26 percent next month, as the country continues to raise output amid fighting with militants and a payment dispute with the northern Kurdish region, according to a loading program obtained by Bloomberg News. The Middle Eastern country plans to export a combined 81 cargoes of Basrah Light and Basrah Heavy grade crudes totaling 114 million barrels in October, according to the program. That’s an increase from the 90.5 million barrels planned for shipment in September. Loading programs are planned schedules for shipments during a given month. The October program would mean a record for exports if Iraq made all the shipments planned for the month. However, loading programs are subject to change, and the country’s actual exports can vary from the plan. Total exports in June were 3.19 million barrels a day, Oil Ministry data show, falling short of the […]