Iraqi crude exports rise steadily through 2021
Increasing OPEC-plus quotas and a recovery in global oil prices helped Iraq achieve rising crude exports and revenues.
Workers attempt repairs on the SPM-1 export buoy on Sept. 8, 2019. (Source: Basra Oil Company media office)
Iraq's nationwide oil exports averaged 3.681 million barrels per day (bpd) in December, capping a year of steadily increasing crude sales that reflected loosening OPEC-plus production quotas.
The country sold 3.437 million bpd of crude in 2021, almost identical to the 3.436 million bpd average of 2020.
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