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Iraq Raises Oil Output

**Insight: Southern Oilfields still below pre-disruption southern export/production levels around 3.3M bpd - - Reports earlier this year said Rumaila had been halted or sharply curtailed amid export/storage constraints tied to Strait of Hormuz disruption. Rumaila is Iraq’s largest producing field and is operated under the Rumaila Operating Organisation involving Basra Oil Company, BP, PetroChina and SOMO

BPOILPTRUSO

**Insight: Southern Oilfields still below pre-disruption southern export/production levels around 3.3M bpd - - Reports earlier this year said Rumaila had been halted or sharply curtailed amid export/storage constraints tied to Strait of Hormuz disruption.

Rumaila is Iraq’s largest producing field and is operated under the Rumaila Operating Organisation involving Basra Oil Company, BP, PetroChina and SOMO