September 21 (Reuters) - Iraq's state oil marketer SOMO announced on Sunday that Baghdad has increased its oil exports after gradually ending voluntary production cuts under an OPEC+ agreement.
Eight OPEC+ members agreed this month to increase output by 137,000 barrels per day starting in October. OPEC+ has been increasing production since April after years of cuts to support the oil market.
SOMO Director General Ali Nizar al-Shatri told the Iraqi News Agency that the increase in exports "will contribute to hundreds of millions of dollars in additional revenues" for Iraq at current price levels.
SOMO: Iraq increases oil exports and expects additional revenues
