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OPEC’s no.2 Iraq is currently producing 4.32 million bpd of
oil, below the 4.351 million bpd ceiling it had pledged in the
production cut deal, Iraq’s Oil Minister Jabbar Al-Luaibi said on
Friday, in what is the first sign that one of the worst-compliant
producers so far may have finally started to stick to its
commitment—a couple of months after the original agreement was set
to expire. Despite Iraq’s optimism, its central government doesn’t
yet have the full picture of the oil exports of the Kurdistan
Regional Government,…

OPEC’s no.2 Iraq is currently producing 4.32 million bpd of
oil, below the 4.351 million bpd ceiling it had pledged in the
production cut deal, Iraq’s Oil Minister Jabbar Al-Luaibi said on
Friday, in what is the first sign that one of the worst-compliant
producers so far may have finally started to stick to its
commitment—a couple of months after the original agreement was set
to expire. Despite Iraq’s optimism, its central government doesn’t
yet have the full picture of the oil exports of the Kurdistan
Regional Government,…

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