Iraqi oil exports recede as OPEC-plus extends cuts
Iraq's oil sales continued a slow decline in November as the OPEC-plus coalition decided quotas will stay lower for longer.
Iraqi Prime Minister Mohammed Shia al-Sudani (center) receives Russian Deputy Prime Minister Alexander Novak (third from left) and Saudi Energy Minister Abdulaziz bin Salman Al Saud (third from right) in Baghdad on Nov. 26, 2024. (Photo credit: Prime Minister's Office)
Iraqi oil exports fell slightly in November, suggesting that the Oil Ministry is continuing to limit production in an effort to improve compliance with its OPEC-plus quota.
Exports averaged 3.296 million barrels per day (bpd), according to a senior Oil Ministry official, down from 3.327 million bpd in October.
This content is for registered users. Please login to continue.
If you are not a registered user, you may purchase a subscription.
If you are not a registered user, you may purchase a subscription.
