Iraq reduces oil exports to 3.3 million barrels per day ...Middle East

Baghdad: Iraq’s Oil Ministry said that the country has reduced its oil production and cut its crude exports to 3.3 million barrels per day, in line with its commitment to the OPEC+ agreement on output cuts. “We confirm that Iraq has lowered its oil production and reduced its exports to 3.3 million barrels per day, along with limiting domestic consumption,” the ministry said in a statement on Friday. According to official data, the country’s daily oil export volume was approximately 3.43 million barrels earlier this year, reports Xinhua news agency. The statement said the reduction will continue in the coming months to ensure output is within Iraq’s OPEC+ specified quota and to compensate fo

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