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Iraq’s Oil Exports to Stay Steady This Month, Rise in February

  • Some buyers are being stung by higher prices, says Iraq’s Somo
  • OPEC+ will continue working to balance the market, says Nizar
West Qurna oil field near Basra. 

West Qurna oil field near Basra. 

Photographer: Nabil al-Jurani/AP

Iraq said its oil exports would stay steady this month and rise slightly in February.

Crude shipments will probably average 3.2 million barrels a day in January from fields controlled by the central government, Ali Nizar, deputy director-general of state marketing company Somo, told reporters on Sunday in Baghdad. The figure will rise to 3.3 million next month, he said.