As OPEC members reaffirm a quota agreement, Iraq has posted two straight months of elevated production. Deputy Oil Minister Fayadh Nema (center left) and Basra Oil Company Director General Ihssan Ismaael (on Nema’s left) attend a ceremony on July 15, 2019, marking one year since Royal Dutch Shell exited the project and Basra Oil Company took over as operator. (JASSIM AL-JABIRI/Iraq Oil Report) PUBLISHER’S NOTE: For even more in-depth insight into Iraq’s production, exports, revenue, electricity, and more – including field-by-field data – readers can subscribe to the Iraq Oil and Financial Dataset. Click here for more information. Iraq’s oil production remained strong in June, signaling a sustained recovery in output after a brief springtime reduction. Since then, Iraq has been under pressure both to lower and to raise production. OPEC members have insisted that all countries should comply with their quotas, while the U.S. has been lobbying for […]