
Understanding Iraq’s export increase is crucial because the country is a top OPEC supplier, and any shift in its output can affect global oil prices and market balance. The episode’s timely data helps investors and policymakers gauge supply trends amid ongoing geopolitical and production policy developments.
Recent data from Kpler shows Iraq’s seaborne crude oil exports increasing significantly in January, averaging around 3.457 mb/d—a rise of about 208 kb/d compared to the previous month, as shown in Figure 1. Pipeline exports through Turkey have remained steady at roughly 200 kb/d, meaning total exports are even higher when including that route.
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