Nabil al-Jurani/AP Crude exports jump by around 250,000 b/d after Basrah loading problems were resolved, easing fears about capacity limitations.Somo issued no January prices for Basrah Light after indicating it would reserve the grade for Iraq’s refineries.A new water injection facility boosts output at the giant Rumaila field, where operator BP is aiming for a lower, more realistic plateau target. Save for later Print Download Share LinkedIn Twitter Iraq’s oil production surged in November to 4.24 million barrels per day, according to Energy Intelligence estimates, amid signs of renewed upstream activity driven by a rise in oil prices. Under the Opec-plus agreement, Baghdad overproduced for the month and earned a 90% compliance rate.
