production deal

  • Iraq Asks for Exemption From OPEC+ Production Deal in 2021

    Iraq Asks for Exemption From OPEC+ Production Deal in 2021

    Wednesday, 2nd September 2020

    Iraq, the Organization of the Petroleum Exporting Countries’ fourth-largest producer of oil, is seeking a pardoning from the existing OPEC+ deal in Q1 of 2021 but insists it will adhere to cuts over the next 3 months.

  • OPEC Oil Output Boosts in June by 280,000b/d

    OPEC Oil Output Boosts in June by 280,000b/d

    Monday, 3rd July 2017
    OPEC oil output has increased in June by 280,000b/d to a 2017 high, has increased in June by 280,000b/d to reach a 2017 high as Libya and Nigeria continue to recover production levels.