Iraq's southern crude output rises by about 500,000 BPD to 1.5 mln BPD

Iraq's southern crude oil production has surged by 500,000 barrels per day to 1.5 million bpd, up from 1 million bpd previously.

​Iraq's ​southern ‌crude output ​has risen by ‌about 500,000 barrels per day to reach ‌1.5 million bpd ‌as more tankers reach export terminals, a ⁠document ​seen ⁠by Reuters and three ⁠oil official said ​on Wednesday.

The production from ⁠Iraq’s southern oilfields ⁠was ​around 1 million barrels per ⁠day (bpd) before the ⁠hike, three ⁠oil officials said.