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2020-02-03 11:45:00

IRAQ'S OIL EXPORTS DOWN 3.5%

IRAQ'S OIL EXPORTS DOWN 3.5%

PLATTS - Iraq's crude exports, excluding the semi-autonomous northern Kurdish region, fell 3.5% in January from the month before, according to government data. Separately, the country's president named a new prime minister amid ongoing demonstrations for political change and better living conditions.

Federal exports averaged 3.3 million b/d, compared with 3.43 million b/d in December, the oil ministry said in a statement on Saturday. The January figure is 420,000 b/d lower than the all-time high of 3.726 million b/d reached in December 2018. Production figures were not published.

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Earlier:

IRAQ'S OIL EXPORTS DOWN 3.5%
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