As Iraq begins oil cuts, steep challenges remain for OPEC compliance
Technical, financial, and political obstacles will make it nearly impossible for Iraq to meet an OPEC pledge to cut 1 million bpd by May 1.
Workers survey the Halfaya oil field in 2011. It is being developed by China’s CNPC, with junior partners Petronas of Malaysia and Total of France. (ESSAM AL-SUDANI/AFP/Getty Images)
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