Federal Iraqi crude exports rose 78,000 b/d to 3.36mn b/d in April from the previous month, just 10,000 b/d shy of November 2015’s record figure (MEES, 8 April). Allied with a steady rise in oil prices in April – Brent increased from $39.83/B  in March to $43.34/B in April – export revenues increased to $3.34mn, the first time it has breached the $3mn level since November. It was also the first time in which consecutive gains in monthly oil revenue were realized since...