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OPEC Iraq Newsletter
  • Iraqis say fuel price surge adds to economic woes 01 May 2024 16:05 GMT

    … In late March, the Iraqi cabinet approved plans to increase … triggered widespread anger among Iraqis already grappling with economic … wiping from his forehead. Iraq, Opec’s second-biggest oil producer … backlash. Since last 2022, Iraqis have been grappling with …

  • OPEC Oil Production Stays Steady, Leaving New Cuts Unfinished 01 May 2024 15:26 GMT

    … Minor increases by Libya and Iraq were offset by reductions in … a surplus are still unfinished. Iraq and the United Arab Emirates … African nation is exempt from OPEC+ targets while its oil industry … a day.  The 22-nation OPEC+ alliance — which spans other …

  • Basrah crudes show a downtick following OPEC's voluntary supply cut 01 May 2024 13:00 GMT

    … According to a Reuters survey, Iraq, Iran, and Nigeria experienced a … within the broader OPEC+ alliance. In March, Iraq pledged to cut … the largest production increases within OPEC in 2023. According to … by a power outage. OPEC+ countries are scheduled to …

  • Iraq exports over 4 million barrels of oil to US in February 01 May 2024 14:06 GMT

    … (EIA) announced on Wednesday that Iraq exported more than 4 million … year. According to EIA data, Iraq';s exports of oil … January. The EIA reported that OPEC exports of oil to the …

  • OPEC oil output falls in April, led by Iran and Iraq, survey finds 30 Apr 2024 23:52 GMT

    … lower exports from Iran, Iraq and Nigeria against a … with the wider OPEC+ alliance. The Organization of the Petroleum Exporting Countries pumped 26. … from Iran, Nigeria and Iraq, the survey found. Output … April, largely because of Iraq and Gabon pumping more …

  • Iraq reduces OPEC oil production 30 Apr 2024 21:54 GMT

    … following the OPEC+ agreement. According to a Reuters survey, Iraq, Iran, … as agreed within the broader OPEC+ alliance. The survey indicated … March average total. Several OPEC+ members agreed to voluntary … . The survey showed that OPEC's production exceeded …

  • OPEC+ Overproducers Present Plans For Cutting More Oil Production 30 Apr 2024 21:45 GMT

    … exceeding production quotas, certain OPEC+ members have submitted … these compensatory cuts. Both Iraq and Kazakhstan, nations … strictly to their OPEC+ production quotas. Iraq, aiming to rebuild … production capacities. The upcoming OPEC+ meeting scheduled for …

  • OPEC’s Oil Production Falls in April 30 Apr 2024 21:45 GMT

    … according to Reuters. In March, Iraq, Nigeria, Venezuela, the UAE … production decreases, according to OPEC’s secondary sources, … largest production increases.  OPEC’s official Monthly Oil … according to OPEC’s published schedule. The OPEC+ coalition, …

  • Iraq exported over 106 million barrels of oil in March 30 Apr 2024 09:10 GMT

    … Monday the quantity of oil Iraq exported during March, according … fields in central and southern Iraq in March. Additionally, 967 … Nineveh governorate in northern Iraq. Iraq’s oil sales to … to as OPEC+ members agreed to restrict production. The Iraqi Minister …

  • Iraq exported more than 106 million barrels of oil last March 29 Apr 2024 19:49 GMT

    … final statistics issued by the Iraqi Oil Marketing Company (SOMO … oil industry, ranking as OPEC's second-largest … oil and gas resources, Iraq faces substantial challenges, such … sector. In March 2024, Iraq signed agreements with international companies …

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