Iraq southern oil exports continue to slip
The latest shipments data from southern Iraq
Southern Iraq is under loose Iraqi control and that's why it's so difficult to impose quotas. But the numbers rolling in suggest exports have dropped in line with what was promised.
- December 3.51 mbpd
- January 3.28 mbpd
- First half of Feb 3.24 mbpd
Compared to December, exports are down 270K bpd, that's more than the 210K bpd that Iraq promised.
The numbers are from Reuters, who cited loading data and an industry source.