Iraq’s Oil Exports Average 2.6 Million Barrels Per Day So Far in September

The headline number matters less than the missing detail. Without a breakdown by terminal, grade or destination, it is impossible to tell whether this reflects steady northern flows, southern loading, or a mix — and that distinction drives both Basrah price differentials and the fiscal math for a state that leans heavily on crude revenue. The open question is whether Baghdad publishes the full loading program and buyer data, which would give the market a clearer read on OPEC's second-largest producer.