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  • Iraq oil minister: OPEC+ is expected to keep its policy of gradual output raise of 400,000 bpd unchanged at its December meeting
Ekonomické zprávy
11.11.2021

Iraq oil minister: OPEC+ is expected to keep its policy of gradual output raise of 400,000 bpd unchanged at its December meeting

- OPEC+ to review its output curtail policy in Q1 next year to consider keeping current gradual raise at the same levels of 400,000 bpd each month

- Iraq's December oil exports to reach 3.2 mln bpd, excluding KRG exports 

- Iraq targets to increase oil exports to 3.4 mln bpd in Q1 of 2022 

- Iraq will stick to OPEC+ policy in cutting production; not considering seeking exemption now or next year

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