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Iraq pumped 4.584 million barrels per day (bpd) of oil in July, up by 69,000 bpd from June, data from state-owned marketer SOMO, seen by Reuters showed on Wednesday. According to the production figures, Iraq’s output was slightly above its designated OPEC+ quota of 4.580 mln bpd for July. The OPEC+ organization uses an average of secondary source production statistics to establish compliance with output quotas.

Iraq’s July oil output rises by around 70,000 bpd, SOMO data show

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Iraq pumped 4.584 million barrels per day (bpd) of oil in July, up by 69,000 bpd from June, data from state-owned marketer SOMO, seen by Reuters showed on Wednesday. According to the production figures, Iraq’s output was slightly above its designated OPEC+ quota of 4.580 mln bpd for July. The OPEC+ organization uses an average of secondary source production statistics to establish compliance with output quotas.

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