OPEC determines Iraq's share of daily oil production

Saturday 06 November 2021 11:44
 
Baghdad / NINA / - The Organization of the Petroleum Exporting Countries (OPEC) announced, on Saturday, that the share of Iraq's oil production was set at 4.237 million barrels per day during the month of December, after the OPEC + agreement to increase 400 thousand barrels per day.

The organization indicated that "the production quota for Iraq for the month of December was set at 4.237 million barrels per day, an increase of 44,000 barrels per day over the quota for the month of November of 4.193 million barrels per day, and an increase of 88 thousand barrels per day over last October."

And she added, "The production of both Saudi Arabia and Russia was set at 10.018 million barrels per day, during the month of December, an increase of about 105 thousand barrels per day from the current month of November, and the UAE's production share increased by 30 thousand barrels per day, to reach 2.885 million barrels." daily for the next month.

She pointed out that "OPEC's share of the planned increase of 400,000 barrels per day in December will amount to 253,000 barrels to reach 24,300 million barrels per day, while the share of the increase in allied with OPEC will reach 147,000 barrels to reach 15,794 million barrels per day."

And OPEC + agreed, during its meeting last Thursday, to increase its oil production by 400,000 barrels per day, according to the previously agreed schedule. /finished8

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