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FINANCIAL NEWS
Iraq’s oil exports to drop in June
30 Jun 2016
(MENAFN) Iraq’s oil exports will drop in June for a second month, while supply growth from OPEC’s second-largest producer is slowing in this recent year.
Additionally, Iraq’s southern exports in the cited month have averaged 3.14mn barrels per day, which would be down 60,000 bpd from May.
However, Iraqi exports may face several issues, technical constraints, slower production growth and some competition in the market from Iran.
Moreover, Northern shipments of crude from fields in Kurdistan region have decreased to 480,000 bpd in June, from 510,000 bpd in May.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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