IRAQ'S OIL EXPORTS: 3.45 MBD
REUTERS - Iraq exported 3.453 million barrels per day (bpd) of crude oil from its southern ports in March, slightly above the February average, the oil ministry said on Sunday.
Iraq's exports from the ports, managed by the central government in Baghdad, averaged 3.426 million bpd in February, down from 3.49 million bpd in January.
The semi-autonomous Kurdistan region exports about 300,000 bpd of crude from northern Iraq through a pipeline across Turkey.
There were no exports in March from the Kirkuk fields, located in northern Iraq but under the control of Baghdad, the oil ministry said in a statement.
Kirkuk oil exports stopped in October, when Iraqi government troops backed by Shi'ite paramilitary forces dislodged Kurdish fighters from the region.
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U.S. EIA - Crude oil production in Iraq averaged 4.5 million barrels per day (b/d) through August 2018, up from 4.4 million b/d in 2017. Iraq’s crude oil production has been steadily increasing since declines in the late 1990s and early 2000s, and it has nearly doubled over the past decade.
PLATTS - Oil prices averaging $70/b in 2018 underscore the need for more investment in new supply, UAE energy minister Suhail al-Mazrouei told delegates at the Atlantic Council's Global Energy Forum in Abu Dhabi on Saturday.
PLATTS - Coal exports from Russia in 2018 came to 191 million mt, a rise of 3.4% on the year, according to the latest data from the ministry of energy, making the 2018 volume the highest since S&P Global Platts began collecting data in 2013.
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