Iraq to Further Cut Oil Output

Ahmad Ghaddar and Dmitry Zhdannikov
Tuesday, June 2, 2020

Iraq will further cut its oil output and remains committed to the OPEC+ deal, finance minister and acting oil minister Ali Abdul Ameer Allawi said on Twitter.

OPEC and its allies such as Russia are due to decide later this month whether to extend record oil cuts they approved in April. Iraq has shown weak compliance with its output reduction targets in May.+


(Reporting by Ahmad Ghaddar and Dmitry Zhdannikov; Editing by Jon Boyle)

Categories: Middle East Production Iraq

Related Stories

Iran Outlines Terms for Restoring Hormuz Shipping

Technip Energies Nets Engineering Services Job for ADNOC Offshore

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Oil Eases After Topping $100, Still Set for Weekly Rise

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Jadestone Energy Lifts Malaysia Production with Second Online Well

Oil Rises 2% as Middle East Hostilities Escalate

Oil Surges to Four-Week High as US-Iran Trade Blows

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Current News

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

Iran Outlines Terms for Restoring Hormuz Shipping

Technip Energies Nets Engineering Services Job for ADNOC Offshore

Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

Strait of Hormuz Shipping Marks Slight Rise

China's CNOOC Posts Record First-Half Profit

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com