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Markets

Iraq's oil output steady at 4.638mn bpd in August

Published September 5, 2016 Updated September 5, 2016 07:29pm

imageSINGAPORE: Iraq's crude oil production in August remained steady at 4.638 million barrels per day compared with 4.632 million bpd in July, the OPEC member's Oil Marketing Company (SOMO) said on Monday.

August production is the country's highest output level since January, when Iraq produced 4.775 million bpd.

Iraq's oil exports from southern ports rose to more than 3.230 million bpd in August, from 3.202 million bpd in July, on high crude production, the oil ministry and sources at state-run South Oil Co said last week.

Copyright Reuters, 2016

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