Iraq to lower oil output to make up for Opec+ breach ...Qatar

ٌRayaٌ news - News
Iraq to lower oil output to make up for Opec+ breach
Iraq plans to cut oil output in January and February to make up for breaching its Opec+ quota last year, according to the state company that markets the nation’s crude. Opec’s second-biggest producer will pump around 3.6mn barrels daily for the two months, according to Ali Nizar, the deputy head of SOMO. That would be the lowest level since 2015 and compares with around 3.85mn in December, according to data compiled by Bloomberg. Exports, including those from the semi-autonomous northern region of Kurdistan, will be slightly more than 3mn barrels a day during the period, Nizar said in an interview in Baghdad, the capital. The figure for last month was almost 3.3mn. Baghdad’s ability to meet

Hence then, the article about iraq to lower oil output to make up for opec breach was published today ( ) and is available on ٌRayaٌ news ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Iraq to lower oil output to make up for Opec+ breach )

Apple Storegoogle play

Last updated :

Also on site :