Feb. 15, 2021
Source: world oil

OPEC+ will keep oil output steady next month, per Iraq’s oil minister

Iraq said OPEC+ oil cartel is unlikely to change its production policy at next month’s meeting and repeated promises to deliver overdue output cuts. Iraq has a limit of 3.86million barrels per day for first three months of the year under the current agreement. Jabbar said Iraq will pump 3.6million barrels a day this month and cuts production by 200,000bbls a day.

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