Iraqi’s oil exports from the south climbed to a record this month at the same time the self-ruled Kurds in the north are shipping crude independently, adding to a global supply glut as producers vie for market share. Southern oil exports, representing the central government’s shipments, rose to 3.064 million barrels a day in July and will remain at about the same level for the rest of the month, Thaer Yassin, spokesman of the state-owned South Oil Co., said by phone on Monday. Exports were 3.020 million barrels a day in June, he said. “We are increasing exports every month,” Yassin said. “The figure is a record.” Iraq, the second-largest OPEC member, is boosting shipments as a worldwide glut driven by a U.S. shale boom prompts producers to pursue strategies to defend market share. Brent crude has fallen about 50 percent from last […]