OPEC + agrees to increase Iraq and Kuwait production by 150 thousand barrels per day

Economy
  • 18-07-2021, 14:28
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     Baghdad-INA

     
    OPEC+ countries agreed on Sunday, to increase the UAE’s share to 3.5 million barrels per day, as well as the production share of Iraq and Kuwait by 150 thousand barrels per day.
     
    Reuters reported that "OPEC + agreed to increase the UAE's share to 3.5 million barrels per day, and to increase the production of Iraq and Kuwait by 150,000 barrels per day.
     
    OPEC + also agreed to further ease production cuts from August, and also agreed to use the new production quotas from May 2022.
     
     

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