July crude output rises by 100,000 bpd
2022-08-18 00:00:00 - From: Iraq Oil Report
Flares burn at the Rumaila oil field. (REUTERS/Atef Hassan)
Iraq's nationwide oil production jumped by 100,000 barrels per day (bpd) in July, rising to 4.72 million bpd, according to field-by-field data compiled by Iraq Oil Report.
The increase in output has not been reflected in higher exports, as Iraq's oil sales fell slightly in July. Instead, much of the added crude supply is fueling domestic power generation, as demand spikes along with summer temperatures.
