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OPEC increases Iraq's Oil Quota | Iraq Business News

By John Lee. OPEC has reportedly agreed to increase Iraq's oil production to 4.5 million barrels per day (bpd) in June. The state-controlled Iraqi News Agency (INA) quotes Iraq's representative to OPEC, Muhammad Saadoun, as saying that oil production will then increase by 50,000 bpd each month from July to September. He also predicted an

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OPEC authorizes Iraq to increase output to 4.5 mln bpd from June – state news agency

Iraq’s representative at OPEC said the organization had agreed to the country increasing its output to 4.5 million barrels of oil per day (bpd) starting from June, the state news agency (INA) reported. There will be further increases of 50,000 bpd in output in each of the months July, August and September, INA added, citing .

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Oil Updates — Crude steady; OPEC authorizes Iraq to increase output to 4.5m bpd; Kurdish forces seize oil wells

RIYADH: Oil prices rose about 4 percent on Friday as US gasoline prices jumped to a record high, China looked ready to ease pandemic restrictions and investors worried supplies will tighten if the EU bans Russian oil. Brent futures rose $4.10, or 3.8 percent, to settle at $111.55 a barrel. US West Texas Intermediate (WTI) crude rose $4.36, or 4.1 percent, to settle at $110.49.

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OPEC Authorizes Iraq to Increase Output to 4.5 Mln Bpd

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

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Iraqi lawmakers fail to elect president for a second time | News, Sports, Jobs

Iraqi lawmakers fail to elect president for a second time | News, Sports, Jobs
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