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
**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