Iraq Oil Output Surges, while Iran's Exports Gain after Tensions Eased

ISTANBUL--March 18, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--The International Energy Agency (IEA) (Paris, France) said that Iraq's oil production hit a 35-year high of 3.6 million barrels per day in February. In its monthly report, the IEA also said that the oil exports from Iraq increased to 2.8 million barrels per day in February.