Iraq’s crude exports, excluding the semi-autonomous northern Kurdish region, fell 3.5% in January from the month before, according to government data. Separately, the country’s president named a new prime minister amid ongoing demonstrations for political change and better living conditions. Federal exports averaged 3.3 million b/d, compared with 3.43 million b/d in December, the oil ministry said in a statement on Saturday. The January figure is 420,000 b/d lower than the all-time high of 3.726 million b/d reached in December 2018. Production figures were not published. Iraq’s oil ministry spokesperson Assem Jihad said on January 9 the country was producing on average 4.46 million b/d in line with its new OPEC+ quota and exports were averaging 3.45 million b/d. Iraq flouted its quota for most of 2019, but has pledged to comply better with […]