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Iraq oil exports up by 7% in February

Iraq's crude oil exports has gone up by 7% in February, from 1.93 million barrels per day in January to just over 2 million bpd in February, MEED has reported, citing data from the State Oil Marketing Organisation (Somo). Meanwhile, the Iraqi ministry and US' ExxonMobil and its partner UK/Dutch Shell have negotiated a lower baseline production level for the West Qurna-1 field.

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