economic records

Iraq Oil Exports Hit Record in June; Output Climbing

Iraq exported 3.187 million barrels of oil a day in June, its oil ministry said. It was a 1.37 percent increase over May. The ministry also reported that at the end of June Iraq was pumping 4.388 million barrels per day.

The Iraqi exports, as a whole, increased even though flow through Ceyhan, Turkey, fell from 451,000 barrels per day in May to 167,000 bpd in June, Reuters reported. A payment dispute within Iraq has cut back the shipments.