Iraq’s OPEC+ compliance doomed to fall short of target as costs too high to bear

Capt. John

Iraq produced more than 650,000 barrels per day (bpd) above its target output level in May and is now being asked to make up for its non-compliance in future months. Rystad Energy estimates Iraq’s actual ability to cut more barrels is limited to between 300,000 and 500,000 bpd. Achieving any output...

https://www.hellenicshippingnews.com/iraqs-opec-compliance-doomed-to-fall-short-of-target-as-costs-too-high-to-bear/

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