UPDATE: Exports rise on Basra boost
The overhaul in Iraq's blending and marketing of southern crude helped raise southern exports and compensate for a dip in northern exports hampered by political disputes.
Tankers dock at the Al-Basra Oil Terminal. (BEN LANDO/Iraq Oil Report)
Iraq set another record for oil sales in June, compensating for reduced exports from the north with a big jump in Basra output.
With 3.187 million barrels per day (bpd) of exports in June, Iraq broke its previous records – 3.145 million bpd in May, and 3.077 million bpd in April – and notched its fifth month-on-month increase in a row, according to data released Wednesday by Iraq's Oil Ministry.
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